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Ok, here's my story: I'm 25 y.o. male, married, with an 11 month old son. I'm in medical school and will graduate in May. My residency after school will last from 3-5 years, in which I will be making 30-40 K per year. After residency, I will be making anywhere from 150-250 K per year.

My questions are: Do I need to start investing for retirement (IRA) now? I will be able to open a Roth IRA for my wife and I this year, but do I really need to? Or would I be better off waiting until my residency if over? Is is silly to cough up 4 K now when I will be making very good money starting 3-5 years from now? I know the earlier I start, the more my interest will grow (hopefully), but with my future income, does it matter?

I thank you for any suggestions and comments.

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