Low on Retirement Savings?

No single, specific amount will guarantee you financial security during your retirement.

As a general rule, it's a good idea to end your career with 10 to 12 times your final salary in your IRA or 401(k) plan.

But one thing you can do is to make lifestyle changes that will make up for your savings shortfall.

If so, downsizing your living space can help make up for the limited savings.

Get rid of the car When you work full time, you often need a car to get to work.

And therefore, getting rid of the car can save you a lot of money.

Cook Your Food While seniors often have discounted meals at restaurants, it is still much cheaper to cook your own at home.

If you're unhappy with the status of your nest egg, these steps can help reduce your retirement costs and ease your financial stress.

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