5 Proven Ways to Boost Your Retirement Income

If you're worried about retirement, you're not alone. A Gallup survey taken a few months ago found 54% of respondents reporting that they worry about not having enough money for retirement. Many are right to worry, too: According to the 2017 Retirement Confidence Survey, about 24% of workers said they had less than $1,000 saved for retirement, and a whopping 55% had less than $50,000. Only 20% had socked away $250,000 or more. Yikes!

Fortunately, once you've spent a little time figuring out how much money you'll need in retirement, there are many ways you can generate your needed retirement income.

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Source: Fool.com