From Around the Web...Start With $10,000 and Retire a Millionaire

Start With $10,000 and Retire a Millionaire from Yahoo! Finance makes some very good points on time and money. By starting early with your retirement savings you will have more when you retire, well that’s the plan anyway.
Let money and time work for you, no matter your age.

At age 25, $10,000 invested $320 a month at a 7% annual compound rate of return until they turned 65, they would wind up with $1 million buy putting away $320 a month. This is partly due to compounding interest. Basically just keep putting money in and watch it work. Easy. Right, I don’t know anyone who can put $320 away a month for retirement that they don’t need right now. But put something away and as you move up in y your earnings add more to your retirement. You are already use to living on a set amount (you previous pay) so you wont miss this new extra money that can be used to pay off debt, build an Emergency Fund, or fun your retirement. Building a retirement that you can lead the type of retirement life you want to takes a lot of discipline. Money has to be set aside EVERY month from the time you start earning. I’m not even sure $1 million is enough to retire anymore. But it’s a start. Once you open a Roth IRA and fund your companies 401(k).

The article goes on to talk about how difficult it is to reach that $1 million mark the later you wait in life. So, the best thing to do is start now, if you haven’t already. If you have a company match for your retirement fund, at least match it. It’s free money, essentially. As soon as possible open a Roth IRA and start funding it with whatever you can. Something is better than nothing.

So, go get started…..retirement is waiting.