<prompt> Human: Im 19 now, entering my second year of college, and I want to start saving up for retirement. Is now the right time, or do I have bigger priorities like student loans right now? Id I should start saving up, where can I go to start? My mom says a 401K are only for people that have careers as she said the company can match some money towards it. She suggested I get a Roth IRA and Im not really sure what that is either. What are the benefits and drawbacks to both? Should I open an account with the bank Im at now, or should it be a different kind of bank?Retirement just scares me, and I want to be able to save up now so I can travel the world later :  <response>: You should really look at the wiki, genuinely theres good advise there. Really though unless you have a ton of income try and focus on paying back loans. Maybe look into the IRA. Definitely have an emergency fund, dont put everything anywhere. 3-6 months of expenses is advised 