When times are tough, it's easy to ignore financial goals that are way in the future. But with companies cutting back on pensions and Social Security in danger of cuts, saving for your own retirement is more important than ever. Take advantage of the tax breaks that the IRS gives you to contribute to an IRA as well as your employer-sponsored 401(k) or other plan at work, and you can both save thousands off your taxes now and put yourself in better position to retire rich.
(iStock) More From DailyFinance
: 5 Stocks That Will Grow Big in 2013 Life's Necessities Could Cost You $3,794 More in 2013 13 Stocks to Start Investing with in 2013 The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.