The Most Important Retirement Chart You'll Ever See
Saving for retirement isn't easy, and it's tempting to shove it to the bottom of your priority list so you can focus on more pressing financial responsibilities.
However, even if retirement is decades in the future, the best time to start saving is right now. Compound interest allows your savings to grow at an exponential rate the longer they sit untouched in your 401(k) or IRA, so the earlier you begin saving, the faster your money will grow. Put off saving for too long, and you may need to save significantly more each month to reach your goals.
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Source Fool.com
