Retired in America

Your Guide to a Confident Retirement

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

20 Smart Strategies to Boost Your Savings and Retire Rich

June 26, 2020 · Saving & Spending

Save at Least 10% Per Year

In order to have a comfortable and enjoyable retirement, financial experts advise putting money aside annually. It would be ideal to save 15%, but many people may feel overwhelmed by this target; however, they should strive to save a minimum 10% per year.

If 10% still seems like too much for you to set aside, especially in the beginning, start with smaller installments and increase them in time, such as by 1% every year. Save all that money into an account that provides benefits and rewards for being a saver. For instance, SunTrust Select Savings account is perfect when you start your saving endeavor.

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

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Your email address will not be published.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 senior woman looking thoughtfully at her phone in a bright, modern home office. 6 Social Security Scams You Need to Pay Attention to
  • A happy retired couple enjoying the sunset on a beautiful porch. 8 States to Retire For Less Than 45K a Year
  • A retired couple looking at a map on a sunny balcony overlooking a beautiful coastal town. 10 Countries to Retire Where $150K Is More Than Enough
  • A happy retiree working on a laptop on a sunny patio, symbolizing flexible part-time work. 20 Great Part-Time Jobs For Retirees
  • A senior couple smiling while looking at a tablet in a bright, modern kitchen. 5 Crucial Medicare Changes Coming Soon
  • A senior couple happily unpacking groceries in a bright, modern kitchen. 9 Ways to Shop at Costco Without a Membership
  • A happy retired couple stands on the porch of a beautiful, sunny home, symbolizing an affordable and joyful retirement. 10 Best Places to Retire That Won't Break the Bank
  • An older man confidently using a laptop in a sunlit home office, symbolizing digital security. 7 Common Passwords To Avoid
  • A retired couple looking out a window in their bright, downsized modern home. 11 Mistakes to Avoid When Downsizing Your Home
  • A retired couple smiling on a balcony overlooking a scenic coastal village at sunset. 12 Best Countries to Live Perfectly Well on Social Security

Newsletter

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

Related Articles

A retired couple enjoys a bright, minimalist living room, symbolizing the freedom of a simpler lifestyle.

30 Things That You Really Don’t Need As a Retiree

Discover 30 unnecessary expenses, physical items, and emotional burdens you can eliminate to enjoy a…

Read More →

7 Biggest Social Security and Medicare Changes in 2021

A distinguished man in a suit stands in his library, reflecting on his maximum retirement…

Read More →

12 Huge Financial Mistakes Most Seniors Make Before Retirement

You Don’t Think of ALL Financial Decisions as Retirement Decisions You don’t HAVE to think…

Read More →

10 Things You’ll Need To Give Up Now for a Comfortable Retirement

Regularly upgrading your car Speaking of cars, not only is it smarter and cheaper to…

Read More →

Do You Want to Retire in 2021? Click for Your Final 6 Steps!

Rework Your Budget If you’ve been budgeting lately, you probably know what coming up with…

Read More →

15 Best Deals for Seniors Only at Costco Stores

Discover the 15 most valuable Costco discounts for seniors, from prescription savings and premium hearing…

Read More →

12 Common Tax Mistakes That Could Lead to an IRS Audit

Writing Off a Loss for a Hobby If you have a hobby you’re really passionate…

Read More →

30 Shocking Retirement Facts to Help You Prepare Your Nest Egg

4. States with the Highest Proportion of Seniors According to the 2010 census, it seems…

Read More →

15 Tips to Avoid Being Scammed When Shopping Online

Fake saving apps Before downloading saving apps like those that inform you what major discounts…

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.