Have you made plans for your retirement? At what age should we start to save for our retirement?

I started saving for retirement at 22 or 23, and that felt late to be coming into the game, but that's when I was eligible for a 401k through work. I will also be starting an IRA in the next few years, if I can. Saving for retirement should be a financial priority above all others (except shelter and food).

I read financial advice columns regularly, and while I don't ascribe to everything they say, the one common thread is, no matter how much you want to get out of debt, no matter how much you want to save for that house, no matter how broke you are, no matter how much your kids' college tuition is, keep putting money away for retirement. If your employer contributes to your 401k, you should also max that out (as in, if they'll match up to 6%, do everything you can to contribute 6%). I do not expect Social Security to be around when I retire.

I also expect medical costs to be absolutely through the roof (sorry, but not a lot of confidence in politicians! ). I am worried about having money in the stock market, but I am young enough that I can weather storms.

I will scale back my risk more and more the older I get, so that by 45 or 50, a stock market crash will not prevent me from retiring on time. I contribute 7% of my income to my 401k, which is what has been recommended by the management company. Yes, I would rather be more in control of my fate, but I don't have the skill to play the market, so I need to trust them a little.

I also plan to invest in real estate when I am able. Not to "flip" it for profit, but to own my own home as soon as possible, and pay it off as soon as possible, so that I have my housing settled by retirement. That is a security I value highly.

I am also putting off having children until I have a higher income, investing in my education to increase my lifetime earnings, and keeping cash reserves so that I can avoid going into debt. Financial security for my future is a BIG priority for me. It's never too late to start, as sooner is better, but it's also never too early to start.

If you have money deducted straight from your check for retirement, you'll never even miss it.

I started planning and saving for my retirement close to 5 years ago when I turned 25. It may seem young to be thinking about retirement, but that should be the age that everyone starts acting proactively for their retirement. Every month I set aside 5% of my income in personal retirement accounts.

The nature of my work often results in bonuses at mid-year; of those I set aside 15% for my personal retirement accounts. 75% of my retirement savings I place in managed accounts. The remaining 25% I manage myself.

Really I wish I had saved and invested five percent of my earnings ever since I started to work. If I had, then I would already be in great shape for my retirement. I started saving for retirement when I was 36.

I am 46 now, and I have barely saved and invested $42,000. It was more a few years ago, before the market had its troubles. It was less last year.It has come up from $30,000 almost to the $50,000 I had two years ago.

It is never to soon to start to save for your retirement. The longer you are in the more experience you will gain, and compounding of total return will have a chance to make you wealthier. This method has worked for many: youtube.com/watch?v=TzBu7ioHq9Y.

You are never too young to start planning for retirement. The way compound interest works, its better to start as young as possible. There are charts that show the later you wait to start investing, the harder it is to grow money.

Someone investing $100 a month from the time they are 18 until retirement will have more than someone in their 30's or 40's putting away hundreds a month for retirement. The problem is, of course, that the young aren't usually in a position to think about retirement, mentally or financially. So I have started, but I was older.

I had started younger (about 23) but other of life's twists and turns depleted that money. We have also started the college fund for the baby, since the price of college too may be inaccessible by the time she is ready for it.

Saving for retirement is important and I think it's great when people in general begin as early as they can; even when they're still in high school. That said, I have not started saving for retirement and don't intend to. I think the concept of saving money with the objective of one day quitting work is not an attractive one.

Don't get me wrong -- I'm building my net worth like crazy, but that's because I simply want to have a tremendous amount of money. You could argue that I am already well on my way to saving for retirement, but "retirement" is a label that I simply refuse to apply to my investments.

You should really start planning to save for retirement when you start working. And I know that's easier said than done. Of course, that information was given to me at age 30.No one should be feel panic if they haven't started saving yet.

The age you start is the age you start. The "crystal ball" of all the financial gurus claiming to know how much you will need in the future is baloney.No one knows the future. You don't have to take 2 or 3 jobs now to save for retirement.

Don't spend your working life concentrating on retirement. Live your life to live.

Starting to save for retirement is a good thing at any age. My conundrum with it, is that I truly can't trust the established banking and investment system to not steal it 20 years from now like they just did to people with the mortgage crisis. How do you factor that into a retirment assessment.

Please add 3% more to my contributions cause I know you guys are going to F*** me out of somewhere down the road. LOL! We know they will and yet we put blinders on and pretend they have OUR best interst at heart.

I have already made plans for my retirement. About the age, I would say that the sooner you start, the better you save. I started saving for it from the very first day of my earning.

Lets see how far can I make. Thanks.

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.