You are not too young to plan

Retirement Planning - seems like a crazy thing at this age. It may be at the bottom of your to-do-list or may not be there at all, but the fact is you would retire too. You are young, earning well and have no responsibilities and putting money aside for tomorrow may mean denying something today. But you are the ones who would not have to make huge changes in your lifestyle to start retirement planning.

Perhaps the biggest advantage that you have over others is TIME. Many have years before they retire but you have decades. With that much time to save and invest, the magic of compounding would do wonders for your retirement. All you need is small and disciplined savings in diversified equity funds to have a Happy Retirement. It's not about planning till 60, it's about planning "till you live".

Time is your best friend. Make the most out of it!!