1. You have several retirement savings opportunities available to you—from IRAs and SEPs to 401(k)s and 403(b)s. These options are especially important now that traditional pensions and other employer-funded retirement plans have become increasingly rare.

YOUR SITUATION: Have you figured out how much money you should save for retirement? Most financial advisors suggest that you will need 70 to 90 percent of preretirement earnings to live comfortably. Are you taking advantage of retirement savings programs at work, especially those where your employer matches contributions? Have you made sure that your investments are diversified?