If you’re in your 30s and enjoying the rewards of moving up the corporate ladder, do you ever stop to consider what life might be like on the other side? If you move immediately to fund your retirement plan, it’s not an impossibly unrealistic fantasy.

1) Automated Contribution: Most individuals prefer to put off saving for retirement until they are in their 30s and then begin to stress out when they are in their early 50s. You should save little and often if you do not want such to occur. Choose an automatic contribution plan that will compel you to accumulate your retirement savings and to grow them each time your income rises.

2) Cash Reserves You should always have an emergency reserve or rainy day fund set up. Your emergency fund should increase in size in tandem with your income, and you should continue to add to it so that you always have a sizable quantity on hand for unexpected expenses.

3) Relying only on cash savings is risky. Nearly everyone wants to play it safe. In spite of the fact that keeping cash on hand is a wise choice since you could need it in an emergency, storing your money in a savings account won’t help you much either.

4) Retirement Plans – To allow your money to grow, you should start routinely contributing to your company’s provident fund or a public provident fund. The time is now to start making regular investments in these funds so that you will have a sizable sum to look forward to when you ultimately retire.