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Learn how much money you have to save each month to retire by age 40. Article on CNBC.com by Kathleen Elkins. The numbers may discourage you, but I'll show you why it doesn't have to get you down. It's not as hard as you think. The article assumes a straight line. I don't know about you, but I started out making a pittance in my 20's and over a hundred thousand dollars a year in my 30's and 40's. The amount of savings should dramatically increase. Some people talk about skimping their way to retirement at 40. There's a trend to live in a house the size of a shed, ride a bike and don't own a car and not to eat out or entertain. That's not my style and it might not be yours either. You can retire early while still enjoying life and having creature comforts but it means you have to invest well and compound at a high (8 to 12% rate). A good idea to make investing your hobby. Whether you are flipping houses on the side or investing in stocks or starting an online business, you're going to have to get to higher lev