Week 6 – How to Save and Invest for the Future

by Steve Georgoulakis, CFP® on Tuesday February 06, 2024
Posted in Category: Wallet Workouts

Wallet Workouts

Investing for retirement is a marathon so take it one mile at a time.

This week’s workout:

Save and Invest for the Future

  • The road to retirement is paved with consistent saving, wise investments, and financial discipline…kind of like running a marathon.
  • Making small efforts to save today — combined with the power of compound interest — can make a big difference when you cross the finish line at retirement.
  • But it’s up to you to take the first step.


Soldier holding flag in running formation

Mile 1

Set a consistent pace by saving or investing 10%-15% of your pretax pay for retirement.

Woman sprinting

Mile 2

Accelerate your investment returns through the power of compound interest.

couple running up stairs

Mile 3

Power up your retirement contributions when it’s easier – after promotions, pay increases or when you’ve paid off a debt.


Man running down a trail

Mile 4

Run your own race. In addition to saving in an employer retirement plan, go the extra mile and consider individual retirement accounts






Join us for 7 Wallet Workouts


Jan. 3 Have a Financial Game Plan

Jan. 10 Spend Less than You Earn

Jan. 17 Save for Emergencies

calendar icon

Jan. 24 Use Debt Responsibly

calendar icon

Jan. 31 Protect Your Life, Loved Ones & Possessions

calendar icon

Feb. 7 Save and Invest for Your Future


Feb. 14 Rest & Recovery

calendar icon

Feb. 21 Prepare Your Legal Documents

Download PDF


The USAA Educational Foundation is a nonprofit, tax-exempt IRS 501(c)(3) and cannot endorse or promote any commercial supplier, product, or service. The content of this blog is intended for information purposes only and does not constitute legal, tax, or financial advice.