At what age do most people begin saving for retirement?

So give it to yourself! If you invest even just 5% of $40,000, that's $2,000 a year....over the next 30 years that would grow to somewhere between $145,142 and $236,408...if you can save 10% instead, you'll have between $289,827 & $471,865 at age 60....and that's assuming you NEVER get a pay raise over the next 30 years! Because you funded it with "after-tax dollars" (ie you put it in a Roth IRA) there will be no additional taxes on it when it comes time to withdraw those funds... The very worst thing you can do is "nothing"!

This is the problem with retirement. The amount you will get from the SSA will only be 1/3 to 1/2 of what you would like to live on. Your savings needs to be the other portion.

There is currently a rule of thumb. 50% for necessities (housing, transportation, food), 25% for wants (clothes, travel, etc) and 25% for savings/retirement. If you are spending more than 50% on needs, you need to lower your standard of living.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.