Young, new employees often think about the idea of saving for retirement long before they actually do anything about it, often missing out on some big savings opportunities. Putting money away is the last thing anyone wants to discuss after they’ve just landed their first job and are about to receive their first real paycheck, but it should be a top priority.

To understand why you should save for retirement in your 20s, you need to have a clear understanding of compound interest—a powerful tool, but only if you start early. Visit Jemma Financial's website to learn the rewards of compounding interest and the effects that could have on your long-term savings.