Look For a Lower Cost of Living

A big part of how much money you’ll be able to save is the cost of living in your area. If you dish out huge chunks just to stay afloat, it’s no wonder your retirement accounts will suffer.

In addition to downsizing, try to move to a location where the cost of living is low. You’ll be surprised by how quickly the money will stack up. If you’re still working and your company has offices outside the U.S. perhaps you can see if there’s an opportunity for you to relocate.

You will not only experience other cultures, but you’ll be setting yourself up for a better future too.