Critical retirement mistake people make in their 20s

One key financial lesson that stands out: starting early with your savings can make a huge difference over time. For example, consistently putting $200 a month into a Roth IRA at age 25 can lead to about $1.26 million by the time you’re 65, thanks to the power of tax-free compounding. But if you wait just nine years to get started, you could miss out on more than $1 million in potential growth. Whether you’re planning for retirement or your next move here in Columbia, SC, taking action early truly pays off—both for your finances and your future.