Take care of the essentials.
Don’t turn down free money. If you have a retirement plan at work, consider contributing at least enough to take full advantage of employer matching.
Take advantage of tax-deferred savings. Opening an IRA, in addition to your workplace retirement plan, can help grow your nest egg.
Pay yourself first. Avoid splurging on less important things by setting up recurring contributions to your IRA and workplace plan (login required).
Set it, but don’t forget it. Allocate your assets and review your strategy annually (or more frequently) as the markets or your goals change.