As you can see the power of compounding a little money put away each month, can add up significantly over the long run. You can't access your money. Most defined contribution plans offer the ability to take loans out against the balance of the account. Check to see if your plan has a loan feature. You might lose your money.
Investments always involve some degree of risk .
You may be risk averse. These accounts are usually conservative and guarantee a certain investment return on your contributions in the account. Higher risk investments may provide the potential for higher rates of return with no guarantee. It s a good idea to figure out how much risk you are comfortable with and invest appropriately according to your comfort level. The sooner you start saving for retirement, the more you will have to enjoy after retirement.