Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

25 Tips to Save 20% for Your Retirement with No Effort

August 4, 2020 · Retirement Life

8. Opt Into 401(k) Contributions

Your company likely offers a 401(k) plan which you should definitely opt into. More and more companies offer these instead of pensions and in addition to a high-interest account, you should definitely start looking into these if you haven’t already.

Not only that, but you also have to make the most out of it! If you contribute the max employer match amount you’ll essentially sign up for free money while you’re with that specific company. The money compounds, and since it comes out of your gross pay you won’t feel a dent while boosting your savings! It’s a win-win situation that we urge you to consider.

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A smiling grandfather and young girl fly a kite while running along a grassy coastal hill overlooking the ocean. 12 Budget-Friendly Activities for Grandparents and Grandkids
  • Illustration of a public library exterior with stone steps, a 2026 inscription on a pillar, and an open notebook with a pen. 3 Big Changes to the 2026 Charitable Deduction
  • Illustration of two folding chairs and a duffel bag overlooking a desert landscape with saguaro cacti at sunset. 11 Retirement-Friendly Cities With Mild Winters
  • An older man in an attic holding a document bundle titled "Last Will & Testament" retrieved from a metal box. 7 Signs It’s Time to Update Your Will
  • An older woman in overalls kneels in a front yard planting yellow flowers outside a brick house with moving boxes. 9 Retirement Towns Offering Free Perks to Newcomers in 2027
  • 2027 calendar graphic highlighting shifted payment dates and key transition milestones for Social Security benefits. 9 Social Security Dates to Mark on Your 2027 Calendar
  • Older woman wearing an I Voted sticker on her coat outside a town hall polling station with people on the steps. 11 States Where Retirees Make Up a Huge Share of Voters
  • Illustration of scales of justice balancing campaign pledges on a podium against statutory law books in a rotunda. 8 Trump Statements About Social Security Retirees Keep Asking About
  • A nurse in blue scrubs places a blood pressure cuff on a smiling older woman's arm in a bright exam room. Did You Know? These 12 Services Are Completely Free Under Medicare
  • An older hand passes a glowing key to a younger hand above open bank passbooks and a neoclassical bank building. How to Make Sure Your Bank Accounts Don't Get Frozen After You Die

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

19 Unsuspected Obstacles That Prevent You From Having a Worry-Free Retirement

Saving too much Yes, believe it or not, there is such a thing as saving…

Read More →

10 Hidden Drawbacks of 401(k)s That Will Leave You Speechless

Limited Early Withdrawal Options If you’re in dire need to withdraw money from your 401(k)…

Read More →
A retiree couple in a large sunlit living room with packing boxes, looking out at a smaller cottage in the yard.

Why More Retirees Are Moving to Smaller Homes in 2026

Discover why rising insurance costs, property taxes, and a desire to simplify life are driving…

Read More →
A retired couple in their 60s sits on a sunlit terrace in Portugal overlooking the ocean, looking at a map and tablet together.

The Truth About Retiring Abroad: What Americans 60+ Really Experience

Discover the financial, legal, and healthcare realities of retiring abroad so you can confidently plan…

Read More →

Best Places to Retire in the USA in 2026 (Affordable, Safe & Tax-Friendly Picks)

8. Colorado Springs, Colorado—Best for Mountain Retirement Living Colorado Springs is a standout retirement destination…

Read More →

Will You Work During Retirement? 10 Shocking Retirement Stats!

Fueling the demand for flexibility Some people might not want to end their careers, but…

Read More →

10 Secrets Elderly Parents Are Hiding From Their Families

Frivolous Spending – Or, on the other hand, there are seniors who can’t stop spending their…

Read More →

10 Ways Seniors Suffer Financial Abuse

Stealing your identity  While we’re on the “don’t give away your personal info” chapter, we…

Read More →
An older couple stands inside a modern living room looking out a large sliding glass door toward a sunny desert neighborhood.

10 Biggest Reasons So Many Retirees Say They Regret Moving to Arizona

Learn why so many retirees regret moving to Arizona, including brutal summer heat waves, physician…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.