Here’s your answer: TODAY!
Saving for your future, whether it be in a traditional savings account, a 401(k) through your employee or in your own IRA (like the one we offer at First Choice), is important. The earlier you start, the better your habit for saving is, and if in a yield-bearing account, the larger the worth you will find at retirement.
But, there is a caveat…
If you are having trouble making ends meet, paying all of your bills and you have cut every cost, every expense down to the bare minimum, keep your money for food and paying down debt.
Do not get weighted down with thoughts and dreams of 40 years from now, when you are barely surviving today.