
A strong but volatile start
2025 started off with sustained economic growth, but we are watching waning consumer confidence closely.
2025 started off with sustained economic growth, but we are watching waning consumer confidence closely.
02/07/2025
RETIREMENT PLANNING
Use and max out your retirement plans through your employer.
Tighten your budget, reduce debt and add extra income to save more for retirement.
Nearly half of American households have no retirement savings.1 If you’re behind on retirement, here are steps you can take to build up your retirement savings:
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Tightening your budget, saving more, working a bit longer, downsizing your living quarters, and modifying your lifestyle expectations could all contribute to increasing your retirement savings—and hopefully living a more fulfilling lifestyle. See also: Steps to start planning for retirement now.
1 Board of Governors of the Federal Reserve System, “Survey of Consumer Finances,” October 18, 2023, (October 22, 2024).
The information provided is not intended as a source for tax, legal or accounting advice. Please consult with a legal and/or tax professional for specific information regarding your individual situation.