Rita Kuehnis

Mar 1, 20181 min

Day4 of America Saves Week 2018: Save to retire

Saving now for retirement will ensure you have enough money to have a comfortable standard of living when you stop working or reduce the amount of hours you work. Participate in a work-related retirement program such as a 401(k) or open an Individual Retirement Account (or IRA). Already saving for retirement? We recommend increasing the amount you save toward retirement by 1 percent.

Another important issue is reducing your debts before entering retirement. Pay back your credit card and consumer debts and pay off your mortgage.

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