It doesn’t matter how old you are; it’s never too early to start planning for your future. Most people won’t be planning to retire when they’re in their 30s, but the time will eventually come, and it pays to be prepared. There may be a government pension you can fall back on or benefits you’ll be able to apply for, but these will only ever cover the basic cost of living. Of course, the sooner you save, the bigger your retirement fund will be. If you’d like to retire early, then you need to start saving in a big way as soon as possible. Here are six top tips to help you get the ball rolling.

1. What Do You Want to Achieve?

Think about where you want to be 20, 30, 40 or even 50 years from now. Would you like to retire early, or do you see yourself working as long as possible because you’ve found a career you enjoy? Set yourself some life goals and plan how you’re going to get there. 

2. Open a Savings Account

One simple fact is that we all need money to survive. A sustainable lifestyle where you live off the land and don’t need money isn’t a realistic option for most. For the majority of people, there are bills to pay before you can even consider other life goals, such as traveling. Opening a savings account means you’ll have somewhere to put a portion of your paycheck every month and you’ll be glad you did it when you’ve got to make a big purchase.

3. Open a Retirement Fund

Although your retirement might feel like it is a lifetime away, it will come around sooner than you think. As well as a savings account it will pay for you to have a retirement fund. Start putting away a couple of hundred dollars as soon as you can and within a few decades you’ll have a sizeable sum of money saved for your retirement.

4. Learn About Investing

Investing your savings is the smart thing to do, but you do need to know what you’re doing. There are investment experts you can go to for help, but it’s important you understand what’s being done with your money. You might consider learning how to invest in marijuana stocks, for example, as this is a popular investment to make at the moment.

5. Find a Side Hustle

A good way of bringing in some extra cash for saving is to find a side hustle. Have you got a hobby or skill other people would be willing to pay for? If you’ve got some spare time, use it to your advantage, and you’ll be able to add some extra cash to your retirement fund.

6. Look After Your Health

One last tip is to remember to look after your health. Eating a well-balanced diet and exercising regularly will reduce the chance of illness or disease. Include lots of fruit and vegetables in your menu, aim to exercise every day, and in the future, you’ll be glad you made an effort.