What's The Best Retirement Plan For Young People? 
If we all could do life over again , retirement planning would be among the top financial do overs of most baby boomers . Heres the big retirement recommendation , pay yourself first and pay it into a retirement plan . If your employer offers partial or full contribution match in their qualified plan , contribute up to the match . Take the tax savings from the contribution deduction and fund a non-qualified annuity . When youre young , you have time in invest in the market . But time cant be the ultimate determining factor . Your risk tolerance profile needs to be established for market investing like in mutual funds or ETFs . And if you still have monthly cash flow , you may want to consider a non-modified endowment life insurance contract designed with the lowest death benefit to accumulate the most cash values which has the potential at retirement to generate tax free income -LRB- under present law -RRB- as long as the contract is kept in force for the life of the insured . 