If you have been procrastinating when it comes to saving some money for retirement, you’re not alone. There’s always that new tech gadget to buy, that grand vacation to take. But you may be paying a higher price for these items than you realize. You may be giving up your chance to be a millionaire. Consider this: If you were to begin saving just $2,000 a year—$167 a month— at age 22 and you earned an average annual rate of 10% on your money over the years, you would be a millionaire before your 65th birthday. If you wait until you’re 30 years old to begin saving this amount, you will have less than $550,000 in your account at age 65.