If you're just out of college, you may be wondering when the right time is to get started with a retirement savings plan. To that point, 55% of Americans already working think they are behind on saving for retirement, according to a recent Bankrate survey. But even some younger workers are concerned: Almost one-third, 30%, of Gen Z think they are behind. Plus, the most common regret among older employees and retirees is that they didn't start planning or saving for retirement early enough. "Not only will it reward you, it's necessary to successfully navigate your life," he said.

---