Ryan Connelly
Ryan Connelly
Age: 20
Age started saving: 11
Amount saved: $26,000
Hometown: Potomac, Md.

When I was 11, I started putting my gift money from birthdays and holidays into a savings account at Chevy Chase, before it was Capital One. It was exciting to see my money grow. Ever since then, I have been putting money into three different savings accounts, and my parents opened an IRA for me a few years ago.

At first, I would contribute the money I saved in coin jars, or from doing chores and things like that. Then I started babysitting at 12 or 13 years old, I was a lifeguard for a while and then worked at a hotel, so I just kept saving money.

My mom always tells me I've saved triple what she and my dad had when they got married. She has raised me and my brother to know that we don't want to be struggling later and that we should save now.

I want to retire comfortably at the time I want to retire at, and I want to live on my own without relying on other people to take care of me. I don't know what the right target amount is to have for retirement, but I'm thinking my number might be $1 million.

By Blake Ellis @CNNMoney - Last updated December 15 2011: 1:46 PM ET
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