Being young comes with many advantages.<br />Young people have the chance to invest early and have more ready for them when they retire.<br />Chuck Cavanaugh, head of wealth planning for Citi Personal Wealth Management, told Business Insider five things he wishes he knew when he was 25.<br />Start investing early.<br />Max out your 401(k) and take advantage of the tax breaks.<br />Focus on long-term goals.<br />Create a budget.<br />Buy life insurance when you are young.
