Have you started saving for retirement? If you haven’t yet, don’t worry about it, because it’s never too late. In general, financial experts from all over recommend you save at the very least 10 percet of your annual income for each year of your retirement. So if you plan to retire by the age of 60, now is the time to start saving. With a retirement savings account, you can save up the money you need for retirement and preserve your quality of life after you stop working. When it comes to retirement accounts, you may be surprised to find out there are actually several different kinds. If that sounds overwhelming, check out these frequently asked questions that should help break things down for you.