No time like the present. I started when I was 20 though. I want to be able to retire without actually having to work in my golden years.
"When is an ideal time to start saving for retirement?", you ask? What time is it now?", I would reply. The best retirement plan is to save as much as possible every week so that, one day, you no longer HAVE to work to survive. The year you have enough to last until the grave is the year to retired. You will then be able to "work" at following your bliss. My advice? The sooner you can retire the more enjoyable it is.
Q.
As early as possible. Even someone who is not old enough to open a bank or investment account can still get the benefit of saving if their parents or parent understands the "Custodial" account.
The parent as Custodian can open up an account with a mutual fund company and save a little each month for the benefit of the child to be transferred over to the minor when he or she reaches legal age.
Right now! Put away a little percentage each pay check...as much as you can.
the best time is yesterday!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Start saving immediately:
The point here is to start sooner rather than later, sooner being immediately. But, there's a catch-22. How do I save if I don't know where to put my money? ... more on http://hubpages.com/hub/How-Do-I-Start- … Retirement
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