I came across this nice blog post recently. An article that points out a common misconception many people have. That investment returns are the only piece to the retirement saving puzzle.

As Julie Cazzin writes; sometimes saving is more important than spectacular investment returns.

Julie continues;

If you’re like most of us, you probably wish you could have a lot more money with a lot less effort. Luckily, there’s a simple way to accomplish this if you’re willing to learn how to put your money to work for you. It’s called compound interest, which is calculated on your initial principal and also on the accumulated interest of previous periods. It’s this “interest paid on interest” that causes the snowball affect—or compounding—that rapidly grows your wealth.

To take maximum advantage of compounding, just follow these three easy, wealth-building rules.

1. Focus on savings in the first 10 years

2. Be patient

3. Don’t forget to invest in yourself

Whilst this information is important to remember at any age, it is vitally important to younger people. Please pass this article onto any younger family and/or friends between 15-30.