This is when people start saving for retirement—and when they actually should

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This is when people start saving for retirement—and when they actually should. (via CNBCMakeIt)

If you can't afford to invest hundreds of dollars a month at the beginning of your career, start with as much as you are able to, even if it's just $10 or $20 per month, experts say. If you increase your contributions gradually, you'll still be able to build a healthy retirement account.

"If you spend the first half of your career not saving, you've got to do a lot of catching up later in your career, and you don't have the time in the market to ride out any fluctuations," Katie Taylor, vice president of thought leadership at Fidelity Investments,While it's ideal to start saving early, the next best time to invest for retirement is right now.

 

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