Waiting 1 Year to Start Saving for Retirement Will Cost You This Much

If someone walked up to you and asked you to give them $600 today and in exchange, they'd give you $8,400 at a later date, you probably wouldn't say no. But people pass up opportunities like this all the time. They just don't realize it.

Retirement can seem far off, and if you still have decades left in the workforce, saving for it might not seem as pressing as buying the things on your want list today. But waiting even one year to begin saving for retirement can make your job a lot harder.

Don't believe me? Let's look at the evidence.

Quelle Fool.com