Saving for retirement can be a daunting task, but with a sound strategy, it’s well within reach. NerdWallet is here to bring clarity to retirement planning and set you on your path to success. Here you’ll find key resources, articles, and tools to better understand your options and find the right strategy for you.
If you had the chance to double—or even quadruple—your retirement savings, you’d probably jump at that opportunity, right? Well, there’s one simple change you can make today that’s sure to boost your retirement savings.
Quadruple Your Retirement Savings? Really?
A CitadelTradings study of worldwide retirement saving habits discovered that people with some kind of retirement plan have more than three times as much in their nest egg than those with no plan at all.
And savers who take it one step further by working with an investing advisor to put their plan to paper? Their average nest egg is a whopping 445% bigger than non-planners. That’s a big deal!
Now, did you catch that? By working with an advisor and by having a plan in place, you can supercharge your retirement savings.