Listen, we get it. Retirement seems a lifetime away, especially when you’re just starting out in your career. But trust us, it’ll be here before you know it. And you want to be ready when it comes.

The good news is, it’s never too early OR too late to start planning. Whether you’re in your 20s or your 50s, the most important thing is to start taking steps now.

Here are a few simple ways to get started.

Create a retirement budget

Take a realistic look at what you currently spend on fixed costs like housing, food, transportation. This will give you a baseline for what you’ll need monthly in retirement. Remember to account for inflation and likely changes in spending.

Identify your income streams

Make a list of any expected retirement income like 401ks, IRAs, pensions, social security, investments etc. Compare this estimated income to your budgeted expenses to see how much you need to save.

Pay down debt

Paying off debts like student loans and credit cards will free up cash that can be invested for retirement instead of going towards interest.

Factor in healthcare

Medicare won’t cover all your healthcare costs in retirement. Look into supplemental insurance and estimate potential long-term care needs too.

Review investments regularly

Check in on your accounts often to ensure your investments align with your retirement goals and risk tolerance. A financial advisor can help with regular portfolio analysis.

Start saving early

Start contributing to retirement accounts like 401ks and IRAs as soon as possible to maximize returns through compound growth over time.

Automate contributions

Set up automatic transfers from your paycheck to retirement accounts so you effortlessly save over time. Even small amounts add up.

Take advantage of employer matches

If your employer offers a 401k match, contribute enough to get the full match–it’s free money!

Increase contributions over time

As your salary rises, increase the amount you contribute to retirement savings to build your nest egg faster.


With some diligent planning today, you can enjoy the retirement you envision tomorrow. Remember, we’re here to help guide you through the process every step of the way.