You may have just started working, so why should you already start planning for retirement? Because the earlier you start planning, the more money you will have to enjoy life in your future. The only way to create wealth is to save; only by saving will you have the money invested for your future.
By the time your retirement rolls around, the dollars you save today will have increased; thanks to the miracle of compounding interest. The longer you save, the more you will have. Each year you wait to start saving for your retirement, will be costly. Make sure you save enough and invest your money right. You will be thankful that you did!
Essential Question