When you are starting out in college ministry, you often aren't making much. You may have young children and retirement is not one of your thoughts and sure not priority in your thinking. So, you put little or maybe even nothing into your retirement fund.
Here's one financial principal to remember, the money you put in early on is that which is there longest and therefore earns the most. Even when you can't do much....do something!
Dave Ramsey, the financial guru, shares some stunning figures of how much more a retiree who put money into his retirement fund from 20 to 30 has at retirement over one who put in 30 to retirement.
Always be putting something into your retirement fund!