42 Ways to Save for Retirement

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6 Ways to Make Your Retirement Savings Last

Finally — The Magic Number You Need to Retire

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  • Harry

    The key is to start saving/investing early in life and be consistent (save with every paycheck). Taking advantage of a matching 401k plan should be a no brainer. The power of compounding is lost on many people. Also maxing out contributions when possible, eliminating debt, avoiding risks with your nest egg, planning for multiple streams of income once retired (social security, pensions, dividends, part time work, etc.) and making catch up contributions once you reach 50 should all be part of everyone’s plan. And work at staying healthy to reduce illness, injuries and medical costs. I recently found the site Retirement And Good Living which provides information on all these issues as well as many other retirement topics and also has several retirement and health calculators.

  • Reese

    Is interest that great in savings accounts? Really interesting point on not saving for college, though I think it should depend on how close you are to retirement age/how close your kids are to college… and a couple of other factors. The key is just being really aware.

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