Golden Years Glory: 10 Tips for Effective Retirement Planning

4. Maximize Employer Benefits

If your employer offers a 401(k) plan, make sure you’re contributing enough to get the full employer match, as this is essentially “free money.” Employer-sponsored retirement plans are a convenient way to automate your savings and also offer tax benefits.

Not maximizing these benefits is akin to leaving money on the table. Make sure to review the investment options within your 401(k) and consider reallocating assets to better align with your retirement goals.