Those are the equations I was using...With the following assumptions (since the question is a bit ambiguous)
Assumingpt he puts in his first 5000 NOW and then every other year for 19 more deposits the result is significantly higher:
726,354.62 vs 622,732.02 (essentially two more years of compound int added to this amount) AND if he puts in 5000 on his 65th it would be 731,354.62 !
Moral of the story: Start NOW or as soon as you can with your retirement savings/planning !!!!!! LOL