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Warren Buffett's 'snowball' retirement advice By Sally Brandon Published: Nov 16, 2015 You're a recent college graduate. Now that you've started your first job, you're probably wondering how to spend some of that new salary. A vacation? A car? Maybe you should be thinking instead about saving for retirement. That's right. It's time to put money away — ideally 1 The Oracle of Omaha gets it right again when he talks about the effect of time on your investment.