9 Moves to Boost Your Retirement or Even Retire Early!

5) Take Advantage of 401(k) Employer Matching

If you are trying to save as much as possible for retirement, you should set up a 401(k) plan. With a regular 401(k), you can contribute some money into the account before taxes. This means you will ultimately keep more than if you took home your paycheck in full. Some employers offer Roth 401(k) plans instead, which take the money post-tax. But depending on your circumstances and your employer, this may still be a good option. There are some employers who have contribution matching policies. That is, your company may match a certain percent of your 401(k) contributions. This means more money for you. You should try to take full advantage of it. If you contribute the maximum of what your employer will match, your savings will grow quite a bit.