Any financial planner will say the same thing: It's never too early to plan for your retirement, but how do you know if you’re saving enough to enjoy the quality of life you want when you stop working? As you head into your 30s and 40s, it’s a great time to be intentional about saving for retirement before your peak earnings years begin. There are no hard and fast rules, but there are calculations you can make depending on your retirement trajectory and what you’d like your retirement to look like.

Certified financial adviser and Yahoo Finance "Decoding Retirement" podcast host Bob Powell explains best practices and strategies to track your retirement goals in your 30s and 40s and bolster your retirement savings, even if you feel like you’ve fallen behind.

Read more: How much money should I have saved by 30?

Read more: How much money should I have saved by 40?