As mentioned, I will celebrate my 21st year in business with KW this year. 

But if you think you will live past your 60-th anniversary, then you will need funds to live on at that time (unless you think that social security will be there for you and it will be enough for you to live on comfortably).No one is saying that you should take every spare penny and put that into tax-deferred account.

In your own words thus far in this thread, you describe being debt-free as a celebration (“Yay!”)

Celebrate Life!  

You are making a fantastic income for your age...most 20 year old's would consume all or most of that income instead of thinking about investing, so I'm impressed with your maturity to consider real estate investing.As a bit of encouragement, I entered the workforce at 22 years old making $1,100/wk in June 2009 (just had my 11 year work anniversary yesterday).

I think the rest of the comments celebrate the successes here, I just want to add yet another note of appreciation and congratulations!

They celebrated his sons birthday, and Christmas at our house (without the hotel staff bugging them, nor the awesome bleach-y hotel smell). 

In this case the tenant has been able to stay in the unit for months while they decide if the landlord not sending like $1.38 in accrued interest to them on the lease anniversary is a legitimate reason to deny an eviction.These are very extreme examples of things but are the kind of BS we have to deal with around here...

2 ways: 1) I start real estate conversations whenever I can and I learn about people, I get to know them, and I celebrate the wins in their life.

Also, by the time Jerry celebrates 55 he has at least $1MM in the shape of 10 properties, that add $5380 more to his monthly income.