3 No-Brainer Retirement Savings Hacks That Can Make a Huge Difference Later
Saving for retirement isn't easy, especially as costs continue to rise. The average worker expects to need around $1.8 million to retire comfortably, according to a 2023 survey from Charles Schwab, which is a stomach-churning number for many people.
While there's no quick fix to saving millions of dollars for retirement, there are a few hacks that can significantly boost your savings with very little effort on your part.
If you have access to a 401(k) that offers matching contributions from your employer, do your best to take full advantage of them. The employer match is essentially free money that can instantly double your savings. Over decades, it could amount to hundreds of thousands of dollars.
Source Fool.com
