Save that profit sharing

If you get a bonus, max out your 401(k) withholding for that month and live off the bonus," says Andrew Rafal, founder of Strategy Financial Group in Phoenix. "If you get a $5,000 bonus, normally, you'd live off your salary, and you'd save 10%, or $500. I want you to withhold 100%, put it in the 401(k) and live off the bonus for that month."