Consider this example.
Two friends are starting their career together. Person A begins to invest at the age of 25. He invests Rs 10,000 every month from 25 to 35 years. For 120 month altogether he invests Rs 12 lakhs. At the age of 35 he stops making any fresh investment, but leaves his corpus untouched till he becomes 60 as well.
If we assume his investment growing at 15 % per year, he would have managed to make Rs 9.06 crore (9,05,98,573) at 60.
His friend, person B, on the other hand has been enjoying his life at young age. B feels he doesn’t need to save or invest while he is young. Only at the age of 35 years he thinks about investing. He starts to invest Rs.10,000 per month from 35 to 60 years, 25 years altogether. His total investment of Rs 30 lakh would have become only Rs 3.24 crore (3,24,35,296).
Despite having consistently paid for 25 years, B would only end up making 35.80% of retirement corpus despite having paid 2.5 more & longer than his friend A.
You can enjoy anytime. But savings and investment should be done as early as possible. Power of compounding will work on your favour.