Plan your retirement transcript
Two of the biggest factors that influence how much someone has at the start of retirement are how much you save each month and how long you've saved. So it's incredibly important to start saving for retirement as early as possible.
Retirement might seem like a long way off, but the retirees we surveyed wished in hindsight that they would have started saving for retirement nearly a decade earlier than they did. And given that your assets approximately double every 10 years at a 7% rate of return, a decade can have a very significant impact on how much you have for retirement.
Now, if you haven't started saving yet, it's never too late to get started. In fact, here is an exact quote from a retiree we surveyed when asked about what advice they would give younger generations. They said, "Save, save, and save. Start saving early, and put away as much as you can. But if you haven't, know that it's never too late to start."