Did I Mess Up My Retirement Savings by Not Maxing Out My 401k for 15 Years?

Did I Mess Up My Retirement Savings by Not Maxing Out My 401k for 15 Years?

24/7 Wall St. Insights: You can’t rely on Social Security to offer you a retirement of comfort and ease. Contributing to a 401(k) retirement program is your best bet for accumulating sufficient wealth to not fear retiring in poverty. If you failed to maximize the full potential of your 401(k) program and have fallen far behind, there are some definitive steps to take today to make up for the lost ground. Are you ahead, or behind on retiremen…

How to Budget in Retirement (2025)

To budget in retirement, it’s important to list out all your retirement expenses, figure out your retirement income based on your savings and other benefits, and create a spending plan to split your retirement income among your expenses. You should also review your spending plan regularly to adjust for any changes. Budgeting in retirement is important because it helps you make sure you have enough money to pay for your necessary expenses, while …