When you’re in your 20, 30s or even 40s – retirement planning is not typically top of mind considering it’s at least 25 years away. But it should be. The earlier you start to plan your retirement, the better your chances will be of being able to retire when you want too. Whatever your current financial situation, taking the right steps now will help you to secure the future you want. Here are three ways you can set your retirement plan in motion.

1. Condition yourself to save With fewer and fewer companies providing pension plans to their employees, know that no one is going to do it for you – you must do it for yourself. The easiest way to do this is by automating savings. Many companies have a retirement savings plan that take deductions straight from your pay cheque or set it up at your financial institution. Even if you can’t set aside much, the key is to start saving sooner rather than later to give your retirement account time to grow.

2. Debt can get in the way of saving for retirement. The higher your debt is, the longer it takes you to pay it off, resulting in little money left to set aside for retirement. That’s why it’s important to pay down what you owe as quickly as possible and avoid accumulating more debt.

3. Get professional help When it comes to planning for your retirement, you don’t have to do it alone. A financial planner or PersonalBanker Cashflow Consultant can help you to develop a comprehensive plan to reach your financial goals and keep you out of debt.

Above all, knowing and managing your finances now will set you up for success in the future. But you cannot sit back and do nothing. Create a plan and set goals that will get you that much closer to financial freedom and retirement.