The Richest Man in Babylon In good times and bad, consistently saving a percentage of your income is a sound financial practice. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content The Value of Planning as Retirement Approaches Don’t wait until you’ve reached the point where you feel pressured to make major retirement decisions. Financial Hacks for Millennials: Don’t Get Burnt With FIRE Financial Independence, Retire Early (FIRE), also known as radical savings, encourages aggressive saving to retire by age 40. When Markets React When markets shift, experienced investors stick to their strategy.