First of all, non-professional investors need to avoid all speculative types of investment, such as currency transactions in the Forex market and investments in cryptocurrency, since these are very risky options. In addition, pension savings should be risk-free, so you need to diversify your portfolio no matter how trite it sounds.
Consider opening an Individual Retirement Account. A traditional IRA provides excellent opportunities for retirement savings since earnings are tax-deferred, and your investments may be tax-deductible.
If you have some extra money, don’t waste it. Every time you get a raise, a cash gift for your birthday, or receive a salary from a part-time job, increase the percentage of investment in your future retirement account.