Studies show few Americans have adequate savings for retirement but it’s never too late – or too early – to start saving. Saving now for retirement will help ensure you have enough money to enjoy a comfortable standard of living when you stop working. Participate in a work-related retirement program such as a 401(k) or open an Individual Retirement Account (or IRA).
Already saving for retirement? Try increasing the amount you save by 1 percent each year. A little change can make a big difference. See how much with Fidelity’s Power of Small Amounts tool.
Find out what you can expect to receive when you retire. Visit mySSA.gov.