How Much Should You Be Saving at 25?

During a 2004 show, David Bach, author of The Automatic Millionaire, offered advice on saving for retirement and getting out of debt.

After the taping, an audience member asked Bach how much she should be saving at the age of 25 to ensure her financial future. Bach recommended she deposit at least 10 percent of her gross income into her 401(k) retirement plan. Watch as Bach explains how using this essential tool could "make you rich" in the future.