Here’s 5 Ways to Catch Up on Your Retirement Savings

Here’s 5 Ways to Catch Up on Your Retirement Savings

A survey from Bankrate.com found out that over one-third of American's don't have a penny saved for retirement, including more than a quarter of those ages 50 to 64. As you already know the best way to stay on track for a comfortable retirement is to start saving early. But If you’re late on the retirement saving, fear not. USA Today has an article to help you back on track. Here’s 5 simple ways to catch up on your retirement savings:

  1. Focus on debt
  2. Max out tax-deferred accounts
  3. Reduce advisory fees
  4. Work longer
  5. Don’t fall for shortcuts.

(usatoday.com)

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