Save For Retirement If you're a person who spends more, control your urges and change your weakness to strength by saving the tax fund for retirement. This is a better option for those who are fifty and above. If you don't have any credit card debt and your thinking in your future terms, then saving money in your account will help you for the days ahead. With the economic rates rising every year, bank is a great place to gain benefits. All you have to do is see for a good bank that gives policies best suited and put the money in it for a long term investments, till you need the money.