Preparing for retirement is becoming more challenging for many Americans. Social Security is only designed to make up around 40% of your pre-retirement income, and most workers no longer have access to pensions. That means the bulk of your income in retirement will likely need to come from your personal savings.

Saving hundreds of thousands of dollars is a daunting task, but there's a trick to make it a little easier: Get started now.

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Source Fool.com