Do you take any actions towards saving for retirement at all?
Are you in your 20’s, 30’s, 40’s +?
👤 Bostonian Accepted Answer ✓
For American residents the first thing to do is to maximize 401(k) contributions, since they reduce income subject to Federal and state income tax in the year they are made. My wife and I have done that since our 30s -- now we are in our early 50s.