This article originally appeared on GOBankingRates.com: Do These 13 Things to Boost Your Retirement Savings Now
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Tips for Financial Success in Retirement
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Save a Fixed Percent of Your Income
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Spend Less Than You Earn
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Have a Guaranteed Lifetime Income
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Now you see some money, now you don’t — and now you’ve been charged a fee for it. A deposited item returned fee penalizes the recipient of a check when the check writer doesn’t have enough funds in his account to cover the transaction.
What to Do If You’re 50 or Older
Like it or not, your boss has a lot to do with you achieving your career goals. So, if he or she isn’t even clear on what those goals are — and shows no signs of wanting to know — you could be stuck in a dead-end job.
“Even if you’re the very best at your job, if your boss doesn’t see it, you’ll never move ahead,” said Angela Copeland, a career coach and columnist with the Memphis Daily News.
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Reduce Housing Expenses
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Make the Most of Your Social Security Benefit
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Take Advantage of ‘Catch Up’ Contributions
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Beware of Unexpected Expenses
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Ask Tough Questions
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Exercise ‘Financial Resilience’
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Financially Plan for Long-Term Care Costs
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Don’t Forget to Budget for Health Care
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The Biggest Retirement Planning Mistakes — And How to Avoid Them
Baby boomers appreciate new ideas and approaches to business, and millennials desire the structure and mentorship that bring great concepts to fruition.
The age-diverse workplace is one where each generation appreciates the characteristics and contributions of the other — and pushes for growth in every possible way.
Up Next: How Boomers Are Losing $11,011 a Year to Their Millennial Children
Mistake No. 1: Underestimating Your Retirement Expenses
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Mistake No. 2: Waiting Too Long to Start Saving for Retirement
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Mistake No. 3: Not Having a Retirement Plan
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Mistake No. 4: Not Paying Yourself First
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