Most people are NOT saving enough for retirement.  The key is to take small steps and actually start.  Don’t wait for “someday” or “tomorrow.”  Get startedNOW putting something away for retirement.

The three components of saving for retirement are principal (how much money you or an employer puts in), risk/interest rate, and time invested.  If any one of these is falling short, the other two need to to compensate.  So if you don’t take advantage of “time” and start now, you actually have to contributemore “principal” to end up with the same amount of money in retirement.

If you are already saving for retirement, review your account(s) annually, and see about ramping up your savings 1% a year to ease into doing without that income now.