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1 Simple Trick That Can Dramatically Increase Your Retirement Savings


If you're struggling to save for retirement, you're far from alone. Close to half of baby boomers have zero retirement savings, according to a report from the Insured Retirement Institute -- and of those who do have savings, more than one-quarter have less than $100,000 stashed away.

Saving for retirement isn't easy, but it's vital to have some sort of nest egg established by the time you retire. You likely won't be able to rely on Social Security benefits alone to cover all your retirement expenses, so without a robust retirement fund, it may be a struggle just to make ends meet during your golden years.

However, there is something you can do that will make saving for the future significantly easier. It only takes a few minutes, but it can dramatically increase your savings.

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Source Fool.com


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