<prompt> Human: Hey rPF, Im looking for some perspective on my situation -- its always easier to see what someone else should do.Me:Im a 25 yr old, single male with a MS in my field, working as a research assistant at a public university. Its a pretty decent job with really good benefits health care, 403b with match, etc., but it doesnt pay as well as working for a private company. Current salary is 45,000 but I know the average in my field is more like 75k.Job offer:Yesterday I received a job offer from a local company for 80,000 35k more than I currently make but they do not offer a 401k. If I take the position, Ill have to open an IRA but am not sure what to do after hitting the 5,500 contribution limit.Some of my thoughts:Obviously the extra money is great, but it looks like Ill actually be putting less into retirement since my contribution limit is so much lower. I should also say that I havent been able to make the max contribution to my 403b anyway, but have been able to afford about 10,000yr plus my current employer has a decent match 10 of my salary.My questions:Even though I cant contribute as much to retirement, it is stupid to not take the extra money, right?right? What are some smart things I can do with that extra money to have it work for me without it being in a 401kIRA?Let me know what I forgot to cover and Ill add it in.  <response>: People are so hung up on the idea that saving for retirement needs to be in a 401k or an IRA. It doesnt. Save up to the limit in an IRA then save any more you want in a regular taxable account. Choose a tax efficient vehicle like a broad index fund and youll be fine. Maybe later your company adds a 401k most will as they grow or maybe you will want to buy a house or something and be glad to have some savings outside your 401k. Sure having one is better then not, but the increased salary is a LOT more valuable to you. 