GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
But for some generations, this could be the case specifically, boomers and Gen X.
Consider setting up automatic deposits and investments from your biweekly paycheck.
This way, your money will start working for you without you lifting a finger.
As a general rule, saving at least 15% of your income toward retirement is key.
Start by saving at least $1,000 right away and then work towards building your savings from there.
Be sure to park your liquid cash in a high-yield savings account to earn maximum interest.
Why Are Gen Z and Millennials Better Prepared for Retirement?
More From GOBankingRates
Share This Article:
The Latest inRetirement
