When you are already earning at the young age, this is great opportunity to start saving for your retirement.Though it may sound too early but it is the reality. There are various ways to do this.One great example is the Insurance policy with retirement benefit. There is a product called Index Universal Life that costs less when you are younger but the price does not increase as you grow older.The portion of your monthly premium goes towards your life insurance and the rest to a cash value accumulation which you can withdraw after many years.