Planning ahead for retirement can help you make the most of your money for your future needs. The sooner you begin saving, the more your retirement funds will appreciate. Talk to your employer about your company’s retirement programs. Pension and 401K plans are often offered to aid employees in saving for retirement. In addition, you can personally take care of your future needs by starting an Individual Retirement Account, known as an I.R.A. This account allows you to deposit any money earned into a tax-sheltered account. You can begin collecting this money penalty-free at age fifty-five and a half. Starting early not only allows you to save more for retirement, it also gives you more time to investigate which programs are best for you. For more information on retirement planning, talk to your employer or a financial expert.