Ramping up Your Retirement Savings

Ramping up
retirement savings

Once you’ve established a savings habit, it’s time to consider how you manage your retirement accounts. Are you saving enough? How can you balance your retirement savings goals with other financial objectives? 

  • Are your retirement savings on track?

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Lincoln introduces Retirement Saver BC image
Lincoln introduces Retirement Saver “Bob”

Meet Bob. He's just like you. Join him on his retirement savings journey. Watch this video for ways to achieve your retirement savings goals.   

      
Balancing saving for retirement and paying off debt

If you’re managing your budget well, you might have extra cash at the end of each month. How do you decide what to save for, or pay off, first? Learn how to manage competing goals
 

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Turn spending into savings

Retirement savers describe their “silly” spending and give tips for how to put extra cash, like a tax refund, to work for you.


  

Four ways to catch up on your retirement savings

If you’re age 50 or older, you may need to catch up on your retirement savings goals by saving a little more.  Know the IRS rules for catch-up contributions

Help maximize your retirement savings

Looking for ways to boost your savings as you approach retirement? Get three tips to maximize your retirement savings

Is an IRA right for you?

An Individual Retirement Account (IRA) may be a good way to add to your retirement savings or combine balances from multiple plans. Understand the IRA basics

Retirement plan loans and withdrawals

Carefully consider before taking money out of your retirement plan. Even a small withdrawal can set back your retirement savings goals. Understand the drawbacks of loans and withdrawals.

Working with a financial professional

Managing your relationship with a financial professional is worth your time and attention. Once you’ve chosen an advisor, you can take some steps to make sure you’re getting the most value from the relationship.