1 Retirement Savings Hack That Could Increase Your Savings by $219,000 | The motley fool

1 Retirement Savings Hack That Could Increase Your Savings by $219,000 |  The motley fool

Saving for retirement is difficult, and if you’re falling behind, you’re not alone. The average retirement account balance is about $113,000 in 2022, according to Vanguard’s latest “How America Saves” report, and the median balance is only about $27,000. However, as retirement costs continue to rise and Social Security faces continued financial challenges, workers may …

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