As we have reported on numerous occasions, the concept of retirement seems to be a forgotten idea and something alien to this generation. Most people are either not saving anything or saving very little, and this doesn’t bode well for those who are depending on the soon-to-be bankrupt Social Security system.
Courtesy of Money News, here are five simple ways to boost your retirement wealth:
1. Capture savings opportunities
2. Max out your 401k, IRA and other investment accounts
3. Work at your job a little longer
4. Wait longer before you cash out your Social Security
5. Reduce your expenses
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