It's never too early to start planning for retirement, but the ideal time to begin is as soon as possible. Early retirement planning allows you to take advantage of compounding interest and gives you more time to build a substantial retirement fund. Factors to consider when planning for retirement include your desired retirement age, expected expenses, sources of retirement income, and potential healthcare costs. It's important to regularly review and adjust your retirement plan as your circumstances change. While it's best to start early, it's also never too late to begin planning for retirement. Even if you're close to retirement age, there are still steps you can take to improve your financial situation and prepare for a comfortable retirement. Seeking guidance from a financial advisor can help you make informed decisions and create a solid retirement plan tailored to your specific needs.