Up your 401(k) contribution.
With another year over, you are now another year older. Sorry to bum you out but it’s important to consider. Even though retirement might seem like an eternity from now, the truth is that you still need to be saving for it. One of the best ways to do that is by contributing to a 401(k).
What’s great about 401(k)s is that in many cases your employer will match a certain percentage of the contributions you make and might also offer profit sharing. If you’re not taking advantage of this “free money,” you really should be. In fact, now is a great time to change your withholdings as open enrollment traditionally takes place at the beginning of each year.