I’m 35 and broke. Is it too late for me to start investing?

Is it too late to invest? 35 and broke

Sometimes I get questions like “is it too late for me to start?” Of course not! Just yesterday I was reading a post by a guy looking for investment advice for his 83 year old mom. He was planning her finances for the next 20 years. He’s expecting her to live to at least 103! And 20 years is a long time to invest!‎

So if you’re still just baby 35 (or 45 or 55) you should be thinking about the next SIXTY-EIGHT years of your life until you hit 103! That’s a super long time to invest. ‎

What Luis did here wasn’t CRAZY. He just followed the two rules. But he did have to take decisive action because the earlier he starts the more time his wealth can grow.‎

Let’s say his family makes the median US income of about $70,000 per year. After taxes that goes to about $60,000. After his $1,000/month of investing, that leaves $48,000/year to live on, or $4,00