Instead, planning early and often for retirement will empower you to control for a stage of life that could quite exciting if done right.
It is always an excellent time to start thinking about saving some tax dollars long term.
Retirement Accounts are Really Investment, Not Savings Accounts
By saving early in your retirement, you are investing for the long term. Through the benefit and magic of compounding, you can have substantial funds by contributions, even if you begin with a relatively small amount in your 20s.
The best known of all retirement plans is the traditional 401K. They have primarily replaced the defined pension benefit plans.
Most, but not all, employers provide the 401K plans for recruitment and retention purposes.
Typically, a company will match 50% of every dollar you annually up to a percentage of your gross income, usually around 6%. Some companies match on a dollar to dollar basis but at a low rate of your salary.