Millennials hope to retire at 61: Here’s how much money those who are saving have so far - Brian Carney says to start saving as early as possible

“Many young investors are dealing with student loans or a mortgage payment, but it is imperative they start saving for retirement immediately,” says Brian Carney, a certified financial planner and co-founder of RiversEdge Advisors. “Early investing can prevent the need to aggressively catch up in future years. Due to the power of compounding interest, the first dollar invested will likely be the one that makes them the most money.”