Money habits to retire young

   Taken together, here are four money habits that will help you retire young:

Save and Invest

   Always, always, always save and invest a portion of your income. Start out at 10%, and increase it each year from there until you’re setting aside a large percentage. If you do this from your very first job on, you’ll have painlessly accumulated a good sum of money.

Diversify Your Investments

   Things happen to all of us, no matter how charmed our lives might be most of the time. Investments go bad, employers go out of business, and skills become outdated. Invest across industries, companies, and types of investments — and understand your investment choices. Make sure you aren’t devastated by a job or income-source loss by having multiple things to fall back on.

Prepare For Emergencies

   Keep an emergency fund on hand. This emergency fund should be accessible and safe, not in investments. Laddered CDs can work, so long as you’ve got enough in them to leave you with a year’s worth of expenses after early withdrawal penalties.

Insure Adequately

   Keep a good health insurance policy and disability policy in force. Health care expenses are a big cause of bankruptcy, so guard against them even if you’re young and healthy. No one plans to get sick or injured.

   Use these good money ideas and you'll be on your way to a happy retirement and whatever else you want. Finwiz.