If you start saving for retirement at the age of 25, you are ahead of the game. Though you should start saving as early as possible, most people put it off.

Still, even those of us who do start saving young, are not saving nearly enough. According to experts, if you are 25 and you plan to retire by the time you are 65, you should be saving approximately 10-17% of your income. Today, the average person is saving just 6-8%, which will lead to a gap of tens of thousands of dollars or more from what is needed in retirement.

Read this report from CNBC for the full picture.

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