Tips to Reach Financial Security by 30

3. Plan for Retirement

You might be 20 something in age but you will be a senior citizen someday. Though most youngsters would not think of retirement plans in their wildest dreams, it is a necessary evil. As a young employee you do not need to go gaga over retirement but starting early always helps. According to an article in PersonalFN, if you save Rs.2,000 per month by the time you are 23, you will earn about Rs.36 lakh by the time you are 60, keeping interest rate at 15 percent. Now this is good advice for retirement and is also short-term oriented. The ‘pay yourself first’ is another good deal.