Face it: You’re not Bill Gates or Warren Buffet, so you have to save for your financial goals. For you and most Americans, going on a vacation or buying a house takes one saved dollar at a time. The same is true for your biggest financial goal: saving for retirement.
Unfortunately, most people don’t know where to begin when it comes to retirement and they leave many important questions unanswered, such as “how much should I save” and “where should I save my money.” This often keeps people from saving enough for retirement or anything at all.
Fortunately, saving for retirement isn’t rocket science. Generally, with a handful of simple steps you can automate your savings process and let your money do most of the work. In this video, Advance Capital financial adviser Jared Vandenberg tells you how: