Saving for retirement is one of the most important financial decisions you’ll ever make, and there are several ways you can build long-term wealth. Here are three common options, along with the benefits and pitfalls you need to understand. Number one: a pension. A pension is one of the most tax-efficient ways to save for retirement. The biggest benefit is tax relief on contributions, meaning the government tops up what you put in. Many workplaces also offer employer contributions, which is effec