Wise step in the present era (5,3)
I believe the answer is:
space age
'present era' is the definition.
'space age' can be an answer for 'era' (I have seen 'modern era' mean 'space age' so perhaps 'era' could also mean 'space age'). I'm unsure of the 'present' bit.
'wise step in' is the wordplay.
'wise' becomes 'sage' (similar in meaning).
'step' becomes 'pace' (pace is a kind of step).
'in' is an insertion indicator.
'sage' enclosing 'pace' is 'SPACE-AGE'.
'the' is the link.
Can you help me to learn more?
(Other definitions for space age that I've seen before include "These days" , "Modern times" , "extended travel time" , "modern era" , "a cosmic experience" .)