[Jims5543]

My son just turns 25 this month. He has a house with a relatively small mortgage payment. He has no other bills and makes a decent living.


I told him this he needs to open up a 401K and start putting $350 a month in it until he is 35, then he can relax and let it work or keep contributing. By the time he is 65 it will have over 1 million in it.

I wish someone sat me down and did this. I am scrambling to get back on top. The housing crash kicked my butt, I learned a lot and I am getting back on top. It is not easy but we are doing it.