Old age will surely catch up with you - start saving for retirement

Being self-sufficient and having more control over your life for the future is important. [iStockphoto]

The word retirement is associated with frail, aged individuals who have left the active work life to rest and enjoy their sunset hassle-free years.

While the mandatory retirement age of 60 years seems like a long time coming, especially to the young 21 to 32-year-olds, it is advisable to start saving as early as possible for old age.