Retirement may seem far away, but the earlier you begin planning, the easier and more rewarding it becomes. Thanks to compound growth—the process of earning interest on both your contributions and your past earnings—your savings can grow exponentially over time. Even small, consistent contributions in your early career can lead to significant wealth decades later.

A sound retirement strategy includes participating in employer-sponsored plans, maximizing matching contributions, and considering additional investment vehicles like IRAs. It’s also essential to evaluate factors such as lifestyle expectations, inflation, and healthcare needs when determining how much to save.

Reviewing your retirement plan regularly ensures that you stay aligned with your goals as income levels, economic conditions, and life priorities shift. With an early and disciplined approach, retirement becomes a period of freedom rather than financial uncertainty.