Here's How Much Contributing 1% More of Your Salary Could Boost Your Retirement Savings
Saving for retirement can feel daunting, especially with workers believing they'll need about $1.46 million to retire comfortably, according to Northwestern Mutual. For some, retirement could cost $2 million or more.
Many workers aren't able to save as much as they want -- or anything at all right now. But that doesn't mean a relaxing retirement is off the table. Below, we'll look at how incrementally raising your retirement contributions could help you reach your long-term goals.
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Source Fool.com
