[Ima saver]

I agree that saving in a 401k should come first. I was never lucky enough to work anyplace that offered one, neither was my husband. I have always had several savings goals , therefore, several savings accounts.
I went to a financial seminar once. Here was the question we were asked.
Susan starts saving $2000 a year in her IRA from age 20 to age 30, then she stops and never adds another dime.
Judy starts saving $2000 a year in her IRA from age 30 til she retires at age 65, that is 35 years compared to Susan's only 10 years.
(We assume they get the same interest rate)

Who has the most money at age 65, Susan or Judy?

I was the only one to get it right, it is Susan of course. The power of compounding interest is great! So start early and don't touch the money and you will retire as a millionaire.