As an older guy on this page I want to point out how valuable even just a few thousand dollars are when they are put away in your twenties in a tax free account. Money in a retirement account is not the same as money in other accounts because in many cases you can give it to your spouse or your children on much better terms then other investment accounts.
You may have read about Mitt Romney's IRA. It is huge. Obviously that is a guy that goes to great lengths to invest wisely and avoid taxes. When you are rich you will wish you could get more money into that account because of it's preferential tax treatment.
That said, I hope your company does great and you end up so wealthy it doesn't matter. People who are hardworking and ambitious usually end up OK even if there financial planning isn't perfect. Good luck.
What assets are tax disadvantaged when transferring to a spouse?
And if you have enough funds to be in inheritance tax territory for children, after gift and education allowances and trusts and nepotistic employment, well then it's OK to give a little to government or charities instead of spoiling the kids to death.
You may have read about Mitt Romney's IRA. It is huge. Obviously that is a guy that goes to great lengths to invest wisely and avoid taxes. When you are rich you will wish you could get more money into that account because of it's preferential tax treatment.
That said, I hope your company does great and you end up so wealthy it doesn't matter. People who are hardworking and ambitious usually end up OK even if there financial planning isn't perfect. Good luck.