Why Start A Retirement Plan Early? 
In one word ... Time ! Okay , I 'll go deeper . :-RRB- Money , properly invested , grows and compounds over time . The sooner you begin the more you would have . If you start your working career at age 25 and worked until age 70 that is 45 years of working . Hypothetically , let 's say you began putting away just $ 200 a month at age 25 and stopped at age 45 and earned a 7 % actual return , if you did n't put in another penny and waited until age 70 you 'd have $ 565.5458.87 . That means you put in $ 48,000 of your money and allowed it to compound . If you waited until age 45 to start saving for retirement you would have to put in $ 698.04 per month for 25 years earning that 7 % actual return to end up with the same $ 565,458.87 . It would take $ 209,410.68 of your money to accumulate that much money . The sooner you start , even if it is n't that much money , put into the right places can really blossom into a tremendous amount of money . Hope this helps . 