Youve probably heard theres a retirement crisis in America.

Did you know its getting even worse, though?

Now itsmorethan half of Americans, thanks to the COVID-19 pandemic.

A retired couple float in a pool. This photo is meant to represent a story about financial strategies to take to retire.

Now, after the pandemic has tanked the economy, that number has jumped to 55%.

So what about you?

What can you do?

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We have four suggestions:

1.

It reduces your taxable income, keeping more money in your pocket and out of Uncle Sams.

And your employers 401(k) match is basically a raise.

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Our team has compiled alist of creative waysyou can fatten your bank account this week.

This is a long list, so dont get overwhelmed.

Go ahead and start now, but be sure to bookmark this post so you could easily return later.

Well keep it updated as offers changes or expire.

At the very least, you should be contributing enough to get your employers full match.

If your employer matches your contributions up to 4%, ensure you get every penny.

Your 401(k) isnt just savings; its an investment.

Through the magic of compound interest, it can potentially grow a lot with time.

If your employer matches your investment, you only have to give up $12.50 a week.

Wipe Out Your Expensive Credit Card Debt

Credit card debt will eat up your savings.

Did you know?

Thats money you could bank for retirement.

AmOne will match you with a low-interest loan to pay off all your credit cards at once.

Plus, youll be debt-freethatmuch faster.

It takes two minutes tosee if you qualifyfor up to $50,000.

Consider opening an IRA, which is an individual retirement account thats not attached to an employer.

It stays with you regardless of where you live and work.

If that sounds intimidating, start small and simple.

Investing doesnt require you to immediately plow thousands of dollars into the stock market.

In fact, you’re free to get started with as little as $1.

But it makes it simple by breaking them down into categories based on your personal goals.

Want to invest conservatively right now?

Want to dip in with moderate or aggressive risk?

Do what you feel.

Subscription plans start at $1 a month.

**

4.

No 100-line spreadsheets or major lifestyle changes required.

Heres how it works: Take your total after-tax income each month, and divide it in half.

Thats your essentials budget (50%).

*For Securities priced over $1,000, purchase of fractional shares starts at $0.05.

No Interest Til Almost 2027?

Balance Transfer = Credit Card Cheat Code