Roth IRA is a newer form of retirement account that provides some tax advantages. It is less restrictive than the traditional IRA, and tax advantages are received not on the contribution but on the withdrawals you use for your retirement or even for other specified cases, such as for your first home purchase or educational purposes. As mentioned, these are just short descriptions of options that are available. Since your retirement should be a pleasant and relaxing time, you want to put enough money aside for it. The earlier you start saving, the easier it is, so don't procrastinate.
Decision Making Seek advice from professionals and other experts.
In the end, you have to make your own decisions. Take small steps and do the things you feel comfortable with. Do not feel pressured to make money in the fast-lane because you might have heard about people becoming rich through playing the markets. Stick to your goals and only risk money if you can afford to lose it. To find out where you spend your money and whether there are some areas that you could cut back, it is helpful to keep track of both your income and expenses.