How Do You Setup Your Own Retirement Plan? 
You need to determine if your employer sponsors a qualified plan , If your employer sponsors a defined contribution plan like 401 -LRB- k -RRB- and matches some portion of your contribution , you should participate in the plan . But if you need to start your own plan , consider an IRA or Roth IRA for tax deductible contributions . But perhaps the biggest issue is first creating a personal financial profile that includes a risk assessment analysis to assist you in selecting a product line to fund your plan . Keep in mind that your retirement date and your life expectancy are critical time line considerations as well . 