Tip - How to Retire Rich: 4 Smart Steps at Ages 21-35

At this stage of your life, your most valuable asset isn't youthful vigor or a full head of hair. It's time. Because you're decades from retirement, contributions to a 401(k) or other retirement plan will have years to compound and grow. Even a modest contribution now will pack a much greater wallop than a significantly larger contribution when you're in your forties and fifties.
Tags: IRA, Employee Benefit Research Institute, cash out a 401(k), T. Rowe Price, Roth IRA, employer 401(k), Jane Bennett Clark, Sandy Block