Younger investors possess one of the single most important tools for saving for retirement: time. One of the primary fundamentals of investing is to start as early as humanly possible. Not only do younger investors have the benefit of more time for the potential accumulation of returns, but they have the luxury of being able to be more aggressive while pursuing some of the following options to potentially build wealth along the way.

1. Educate yourself: There is direct correlation between education and income. According to the Bureau of Labor Statistics, each successive level of education results in a significant increase in income and a dramatic reduction in the likelihood of unemployment.

2. Work in a high-paying field with upward mobility: The Bureau of Labor Statistics has compiled a list of the highest-paying occupations. Pursue one of these fields if money is your primary occupational objective.

3. Live below your means: Modest lifestyle sacrifices during your earning years can accumulate into real savings over time.

4. Start investing and saving NOW! Time is an investor's most powerful weapon. The longer you can stretch out your Personal Period of Return®, the more time you'll have to potentially accumulate positive gains and recover from setbacks.

5. Start a Roth IRA: Roth IRAs are tax-free vehicles that come with benefits beyond those offered by traditional IRAs. According to the IRS, investors who satisfy the requirements for Roth IRAs can contribute longer and leave money in them for their entire lives. Our Smart Roth® IRA strategy encourages a more aggressive approach, slightly higher-risk investments that have the potential for higher returns. The philosophy of a Smart Roth® IRAs is that a tax-free vehicle is exactly the right place for investors to take some chances because if it does grow fast there is no tax consequence. The biggest mistake people make is not fully funding Roth IRAs in their initial earning years. You can no longer deposit to them after your adjusted income is $117,500 as a single filer or over 184,000 filing jointly.

6. Don't lose too much money in stock market crashes: Buy and hold investing shackles your money to market downturns during times of turmoil. Invest your money with a financial firm that has a stock market crash-management strategy.

Article tracking number 1-512028