Retirement might not be at the top of your agenda right now, and we appreciate their may be other financial goals which take priority. That said, the sooner you start the better. This way, your hard-earned savings will have longer to grow. And whilst growth is never guaranteed, the longer you allow for interest to compound on your investments the better. If you start saving in your twenties, you can put less aside each month and build up more retirement savings by harnessing compound interest. If you leave it until your fifties or sixties, you'd need to save much more to provide the same level of income in retirement which could have an adverse effect on your day to day living.