Determining how much money you should set aside for retirement and how those funds should be invested should not be a concern for people under the age of 50.

Question

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It is recommended that people start saving for retirement as early as possible, even in their 20s and 30s. The earlier you start, the more time your money has to grow and compound. Additionally, younger people may have different financial goals and risk tolerances than those who are closer to retirement age, so it's important to start thinking about retirement planning early on.

Determining How Much Money You Should Set Aside for Retirement