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Save more for retirement with these 5 tips

Even if you’re juggling other financial goals, there are steps you can take to help you get back on track


YOU’RE BUSY WITH YOUR CAREER, maybe buying a home, having kids, saving for college, starting a business — or taking planned or unplanned time off from work. It’s the stuff of life that may have taken a front seat — while retirement savings often takes a back seat to all of those immediate financial priorities. Suddenly, you’re hitting your 40s or 50s, and you realize you’ve fallen behind on planning for your future.


So how can you catch up? Debra Greenberg, director, Retirement & Personal Wealth Solutions, Bank of America, has the following suggestions — each of which can help you get closer to your retirement goals. “Don’t be discouraged," Greenberg says. “Even seemingly small amounts can add up over the years, and taking action now increases the likelihood you’ll be better prepared to meet any unexpected challenges that come your way."

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