Student loans, college admissions, the FAFSA, 529 Plan. All of these topics related to the student debt crisis are also integral to having a better retirement.

Girls With Impact founder and CEO Jennifer Openshaw joined Robert 'Bob' Powell on Decoding Retirement to discuss retirement and how the next generation can start building their nest egg today.

Nest egg (decoded)

A nest egg for retirement refers to the sum of money or assets that an individual has accumulated to provide financial security during retirement. It is typically built over time through savings, investments, or contributions to retirement accounts, such as 401(k)s, IRAs, or pensions.

"Literally it can set you back by hundreds of thousands of dollars if you don't get a good start on your earnings," Openshaw explains. "I do think a couple things that young people can do is set up informational meetings with people in different roles, focusing on those industries that are most of interest to them."

Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Zach Faulds and Alexander Frangeskides.

Find more episodes of Decoding Retirement at https://www.perfectloveletters.com/videos/series/decoding-retirement.

Thoughts? Questions? Fan mail? Email us at [email protected].

Editor's note: This post was written by Zach Faulds.