If you are just starting your career, set some goals for making the most of your disposable income. It is a good idea to make paying off your college loans a priority. Also, try to avoid spending too much on housing. When other short-term debt, such as car payments, student loans, and credit card bills, is included, the debt limit may rise to 36 percent of your gross pay. At this stage, retirement is likely to be last on your list of financial concerns.
Payroll deductions make contributing relatively painless.
Try to contribute the maximum amount allowed, especially if some or all of your contribution is matched by your employer. If settling down means marriage, you may now have two financial plans to reconcile. Keep in mind that marriage establishes a legal relationship and when you take on a spouse, you may also be taking on debt. Ideally, you should attempt to start your new life together with a clear balance sheet. Whether single or married, financial goals take on greater importance as you assume adult responsibilities.