How to 10x Your Retirement Savings While Barely Lifting a Finger

Your retirement is likely to be the largest single financial goal you'll ever have to save for. Indeed, reaching a comfortable nest egg is a task that will probably take decades to complete. Despite the time involved, there's a straightforward approach that can help you get there faster. Indeed, if you follow the strategy, you could even get to the point where your account balance is around 10 times the spending amount you gave up by contributing to your plan.

Even better, once you put the plan in motion, the approach can be automated enough that you might even have the opportunity to 10x your retirement savings while barely lifting a finger. Although that may sound too good to be true, it's important to recognize that while the strategy is feasible, even under the best of circumstances, it still takes time to get there.

These four steps are all it takes to put you on the path to where that straightforward 10x is in the realm of possibility.

Source Fool.com