Take full advantage of your 401(k)
If your personal savings are not up to the mark, don’t be discouraged! Assuming you are still working, you can start doubling up on your savings efforts and this includes taking advantage of your company’s 401(k) plan.
The majority of employers will match contributions which means you might be able to immediately double your retirement fund deposits, up to a certain point.
If your employer doesn’t have a 401(k) plan you can open an IRA account and claim tax benefits that way.