Getting Ready for the Golden Years: Tips on Saving for Retirement

Retired Woman Putting Money in Piggy Bank

Image Source / Getty Images

Regardless of your age, it is important for you to start saving for your retirement.

The statistics on retirement savings are startling. According to CNBC, people between the ages of 55 and 64 only have a median of $120,000 in retirement savings, which is just 12 percent of the $1 million that is recommended by experts.

Whether you are in your 20s and just starting out or trying to catch up as you approach your golden years, there are some tips that you can follow to increase your retirement savings.

Joshua Williams

Joshua Williams

Joshua is a freelance writer with years of experience blogging about business and finance, and a whole host of other things too. When he's not writing, he enjoys camping with his dog, a golden retriever named Oakley.

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