When I first stepped into the working world, I had encountered billboards and advertisements emblazoned with slogans sounding like the blog post title and showing a picture of a man/woman in a graduation gown and/or a young-looking office executive. Back then, being young (and foolhardy), retirement was the last thing on my mind. Come on, there is still at least another 30-plus years to go for me before reaching that stage, and I will think about it “when the time comes”. Yes, that “time” came just about seven to eight years ago for me, at where I was nearing the halfway point of my working life. Suddenly, that slogan made some sense. The very essence of those messages was hiding in plain sight all along, and it took me that long to realise it. That essence is the power of compounding. Power Of Compounding Most of us had learnt the formula of...