One skill you need to learn for a good retirement is clever shopping and buying. This skill translates into many aspects of your life. From knowing your 401k contribution limit to just buying a new pair of shoes, getting the best discounts and deals can save you a lot of money. Make certain that you do not just buy any investment scheme or product for retirement. Make sure that you are protected in one way or another.
It is crucial that you do not allow yourself to be intimidated by people selling you things. Sales people like investment bankers or insurance agents can be convincing with their offers, but you should not allow them to take advantage of you. Make sure that you keep asking questions until you understand the costs, the benefits, and the disadvantages of the product. Honing this skill takes time and patience, but it will be very beneficial in the long run. It will help you save a lot of time and money.