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Starting in 2024, a record number of 65-year-old Americans are slated to enter retirement.

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Additionally, about one-third of 55-year-olds have postponed retirement due to high inflation these days.

Youll have a lot of catching up to do, but better late than never.

You might also want to consider working past age 65 to ensure a financially sound retirement.

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No matter your gender, its of paramount importance to startsaving for retirementas early and as often as possible.

Sticking to this best practice will allow for more compounding over time, which can grow your wealth exponentially.

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