When Should I Start Retirement Plan? 
That is a great question ! The best answer I can give you is as soon as it is possible . You should n't count on Social Security or Medicare to be solvent after the next 10-15 years . Economists are predicting a monstrous rise in the poverty rate when that happens . I 'm not a doomsayer , but unless something radically different starts happening with the people we elect to govern us , it 's most likely that those programs go belly up . If that happens , you haveabout that long a head start to put away as much as you can . The rule of thumb is 8-10 times your current salary , to live as you do now . Please start a savings plan today . If you need help , please feel free to contact me . Thanks for asking ! 