Start early. The sooner you start saving, the more time your money has to grow. Put time on your side. Make retirement savings a high priority. Devise a plan, stick to it, and set goals for yourself. Remember, it’s never too early or too late to start saving. So start now, whatever your age!  

Consider Basic Investment Principles  

How you save can be as important as how much you save. Inflation and the type of investments you make play important roles in how much you’ll have saved at retirement. Know how your pension or savings plan is invested. Financial security and knowledge go hand in hand.  

Ask Questions  

These tips point you in the right direction. But you’ll need more information. Talk to your employer, your bank, your union, or a financial advisor. Ask questions and make sure the answers make sense to you. Get practical advice and act now.  Financial security doesn’t just happen. It takes planning and commitment and, yes, money.  

Facts  

  Today, only 42 percent of Americans have calculated how much they need to save for retirement.  

  In 2001, of those who had 401(k) coverage available, 30 percent didn’t participate.  

  The average American spends 18 years in retirement.  

Putting money away for retirement is a habit we can all live with. Remember … Saving Matters!