7 financial New Year's resolutions for 2012
Max out your retirement savings
Self-funding a retirement takes discipline. Treat your savings well while you are working, and it will take care of you when you retire. Increase contributions annually until you max out, and if you are over age 50, take advantage of the "catch-up" savings provision. 401(k) contributions increased for 2012, while IRA rates stayed the same.
At a minimum, target your contribution to get the maximum match from your employer; otherwise, you are giving away free money. Remember to keep an eye on your investments and allocations. Morningstar.com is a great third-party provider for investment research.