If you're in your 20s, putting more money away now means that you will have to save less over time, noted Arielle O'Shea, investing and retirement specialist at NerdWallet.
"You're giving yourself options," O'Shea said, including the ability to pursue a different career if you choose to.Take advantage of any changes to your expenses, such as children switching from private day care to public school, to invest that extra money toward your retirement.One thing all retirement savers should do: calculate how much you need to save for based on multiple retirement ages.
The Andrew Yang blindspot you don’t realize you have
inflation has been higher than published which hurts savers substantially