Why You Should Save for Retirement When You're Young and Broke

When you're young and just getting your life established, chances are good your income isn't huge and there are lots of demands on it. You may have student loans to repay, dreams of buying a house, plans to start a family, or a desire to see the world.

When you have so many things you want to do, setting aside a whole bunch of cash in a retirement account probably isn't at the top of your list -- especially since retirement is so far away.

But starting to save when you're young and broke is absolutely essential. And there are two big reasons why.

Source Fool.com