3 Retirement Accounts You Should Try to Max Out
Most Americans want -- and need -- more than a million dollars in savings to retire without financial worries. Having a seven-figure nest egg should allow most families to replace the income they made while working, although seniors who have substantial healthcare needs may require even more money to fully cover the costs of their prescriptions and other care expenditures.
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Saving this much money may sound out of reach, and for families living paycheck-to-paycheck, it's definitely hard to find the cash to put toward retirement. But if you're committed to becoming a financially secure senior and willing to make some sacrifices, you can take advantage of accounts created to make saving easier by providing you with generous tax breaks. In fact, there are three key retirement accounts you can use to amass a substantial nest egg with a little help from the government.
Source: Fool.com
