7 Strategies to Supercharge Retirement Savings
Retirement planning requires more than consistent contributions—it demands strategic optimization of existing assets. With job changes occurring every four years on average, millions of retirement accounts lie forgotten, holding an estimated $1.65 trillion in unmanaged assets as of May 2023. This represents a 20% surge since 2021, highlighting a critical inefficiency in wealth preservation.
The first of seven transformative strategies focuses on reclaiming scattered 401(k)s and pensions. Modern workers frequently leave behind dormant accounts, creating a vast pool of untapped capital. Proactive consolidation of these funds could unlock significant growth potential for long-term financial security.