If you are someone who got a late start saving for retirement, you may fear that it is out of reach — especially when you hear blanket numbers of how much you should have saved by now.
But you can start saving for this milestone at any time. And if you are concerned that it's too late, these four hacks can help you catch up.
1. Earn a higher rate of return
2. Save more
3. Work longer or part-time
4. Reduce your expenses
The $16,728 Social Security bonus most retirees completely overlook
If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known “Social Security secrets” could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $16,728 more… each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. Simply click here to discover how to learn more about these strategies.
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