When should I start planning for retirement?

It's never too early to start planning for retirement. In fact, the earlier you start, the better off you'll likely be in the long run. Ideally, it's recommended to start planning for retirement as soon as you start earning income. This will give you the advantage of having more time to save and invest for retirement, as well as take advantage of compounding interest. However, even if you are nearing retirement age, it's still important to start planning and taking action to improve your retirement prospects. The key is to be proactive and take steps to ensure a secure retirement, regardless of your current age or financial situation.