Had dinner with a younger collegue friend of mine last night. We started talking finance because its a topic I love and that she knows little about but has a certain interest. We make approximately the same salary, and she divulged that she puts aside 300$ per paycheck into her TFSA (Tax-Free Savings Account here in Canada). She's a bit scared of some day not having enough money, so she did it as an afterthought.
This amounts to approximately 25% of her take-home pay - and after calculating with her how much that is per year, and an average return, she got super excited to know that she was well on her way to have 1 million $ before traditional retirement age if she continues on this path. Granted, she has a financial advisor that she doesn't know how much she pays for (percentage of her returns), but the fact that this 24 year old puts away over 7,000$ a year on a approximately 30,000$ take home pay is something I'm very proud of. I may even have piqued her interest in self-managing her funds in the future :)