I'm 24 and contributing to a simple IRA; what else should I be doing to prepare for retirement?

I am 24-years-old and I'm trying to figure out what to do for retirement. I work as a structural engineer and I earn roughly $68,000 a year. I am currently putting away 11% of my salary into a simple IRA with a 3% company match. At the end of this year, I will have about $23,000 in the account. Is this sufficient, or is there something else I should be doing? I am enrolled in an online Master's Degree program right now. After I make my final payment in January, I will have a little bit more flexibility with my cash.

IRAs, Retirement Plans
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Excellent start.  I suggest steering extra money toward non-retirement savings for the next few years as you'll likely need it for buying homes, getting married and a host of other things young people do.  The 11% should be fine, at least for the next few years.  

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