Retirement savings made easy
Don't know where to start? You've come to the right place
You probably have a lot of questions about saving for retirement. How much will I need? What year will I retire? What are the best ways to save for retirement?
The good news is that you don't need to figure everything out right now. The most important thing to do is to get started. Here are 3 simple steps you should take today:
- Find the right kind of account for your savings.
- Choose the investments for your account.
- Open your account online.
We've got answers! Here are some of the most common things people ask us about retirement savings.
When it comes to preparing for retirement, there are a lot of things you can't control—the future of Social Security, tax rates, and inflation, for example. But one big thing that you can control is the amount you save.
Saving for retirement should have first priority among your financial goals. Find out the order in which you should approach other goals.
That depends on many things, including your lifestyle, your retirement age, and your other sources of retirement income. But for most people, it will probably be a pretty big number—and that's why starting early is so important.
Many people have access to workplace plans (401(k)s, for example) as well as IRAs and general savings accounts. We can help you figure out how to use these accounts to get the most benefit.
It's good to have some basic investing knowledge. And we can teach you the few important things you need to understand. They're not hard to learn, and they'll help you save for any goal.
Learn more about retirement accounts at Vanguard
We offer several types of accounts you can use to save for retirement. Figure out which one is right for you.
LET VANGUARD DIGITAL ADVISOR® BE YOUR GUIDE
Vanguard's robo-advisor makes staying on track to your retirement goal simple—through automated, personalized investing.
All investing is subject to risk, including the possible loss of the money you invest.