It’s a common problem. Even though we know it is best to start saving for retirement at a young age so our savings have long periods to grow and compound, it is difficult to find money to save when we are getting established and raising families. Thus, it is easy to postpone saving, waiting until children are grown to start saving significant sums for retirement. However, if you wait until your 40s or 50s to start saving, it can be very difficult to save a large enough portion of your income to ensure adequate savings for retirement.