7 tips to help make saving for retirement easier, according to a financial planner
- If saving for retirement is the last thing on your mind, it shouldn't be.
- Even if you have $0 saved at the moment, the key is to start saving something - anything.
- By eliminating a few everyday expenses, you'll see that putting money aside for retirement is simpler than you may think.
- Here, a certified financial planner (CFP) shares seven tips to make saving for retirement easier.
While saving for retirement may not be at the forefront of your mind, it should be, no matter how old you are or where you are in your career. Even if you have $0 saved at the moment, now is the perfect time to begin stowing away money for retirement.Whether you seek out a certified financial planner (CFP) or use a device like NerdWallet's retirement calculator, the idea is the same: Start saving something.
Andy Smith, a CFP and senior vice president of financial planning at Financial Engines, an independent investment advisor that serves over 9 million people, said he agrees. "Surprisingly, the first step to saving for retirement is to simply start saving," he told Business Insider in an email. "Rather than trying to get it right, keep it simple and get started building a habit of saving."