Retiring is not something that you think about when you are younger even though you should. The idea seems so distant but the choices you make when you are in your late twenties, are going to have an effect in the quality of your retirement and the amount of money that you are going to have to spend. Not many of us realise that the money that we are going to get without any saving, is most likely not going to be enough. In many countries there are government supported retirement plans and in others they are provided by your empoyers. There is not much difference in these and for both you are going to have to be paying the taxes.
Fortunately there are numerous companies which are offering retirement plans that are tax free. This means that you are going to deposit your whole retirement on an account where you can get tax-free withdrawals from. It is going to function in the same manner even before you leave your working life, and basically it acts as a personal savings account. You should first discuss this with a professional before you do anything hasty, since these solutions do not work the best for everyone.