Is there anyone out there believes that corporate, union, or government pensions and Social Security will be around when people under the age of 30 reaches retirement age?

Already we have seen an enormous reduction in pension plans offered to employees and are being replaced with contributory retirement programs. Unfortunately, according to a report of the National Association of State Boards of Education, “most workers with access to these contributory programs are not participating sufficiently to allow them to retire in their sixties without suffering a great decrease in their standard of living.

So this means those of you under 30 need to self-fund your retirement in order to retire young. Now more than ever that you pick up the young money lessons that will allow you to retire young while enjoying yourself. You can do so by receiving ever real world financial education.

Check out what you will need to retire young. Young adults today – assuming you live to 90 - will need a minimum of $1.3 million in order to retire on about $33,000 annually (today’s dollars, adjusted for inflation and salary increases). That is a lot of money and not much of an income.

Hope your still reading because its time for the good news, if you just invest $80 each month, starting at age 18, you’ll have over $1.3M and it will allow you to retire young.

 Start investing early – Harness the power of young money and create a snowball effect on your money know as compounding interest.
 Invest consistently.
 Use IRA’s and other vehicles that offer tax benefits
 Purchase a few pieces of real estate in growing markets.

A practical financial education will help you harness the power of growing young money which will allow you to retire young. This money stuff is easy just stay consistent and follow your investment plan.