Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Why is retirement planning so commonly recommended?
In addition to the choice that saving for retirement affords - itself a great comfort - the miracle of compounding is so great that even if you chose to work in old age, having set aside sums of money that grow will itself help your future.  The are so many versions of the "saving money in your 20s" that equals millions of dollars that the numbers aren't worth showing here. Still, any time value of money example will illustrate the truth.  That said, time value of money does start with the assumption that a dollar today is worth more than a dollar tomorrow. Inflation, after all, eats away at the value of a dollar. It's just that compounding so outshines inflation that any mature person who is willing to wait, should be convinced. Until you work the examples, however, it's not at all obvious.  It took my daughter years to figure out that saving her allowance let her get way better stuff. The same is true of everyone.