[header] How to save for retirement as a single parent [title] Create a budget. [step] Before you can save for retirement, you need to make sure you have enough money to pay your expenses. If you don't, you'll only fall deep into debt, which can be difficult to claw your way out of. 
Sit down with your bills and identify the following : [substeps] Fixed expenses. These include things like your rent or mortgage, car payment, debt payments, and insurance costs.