human
Can you give me tips on how to save money for retirement?
assistant
1. Start saving now
 • the earlier you start saving for retirement, the more you will have when you reach retirement age.
2. Automate your savings
 • Set up an automatic monthly contribution to your retirement account so you don't forget to save.
3. Invest for the long-term
 • put your money in investments that have the potential to earn higher returns over the long-term.
4. Consider all tax advantages
 • Many retirement accounts offer tax advantages so consider these when deciding where to save money.
5. Live simply and save
 • Look for ways to save money in your daily life by being conscious of your spending and cutting back where you can.
6. Take advantage of employer-sponsored plans
 • Some employers offer matching contributions to your retirement accounts, so take full advantage.
7. Diversify
 • Don’t put all your eggs in one basket. Invest in a variety of investment vehicles that are tailored to your risk tolerance.