Three Ways to Supersize Your Retirement Savings

Don’t underestimate the power of taking advantage of your company’s 401(k) match, catch-up contributions and more.

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It’s important to check your retirement accounts regularly to ensure they are accomplishing your goals. Are you seeing the kind of growth you want? Are you comfortable with how much risk you’re taking? You never know when something may need to be changed or updated and you don’t want to miss out on an opportunity. It is up to you and your financial adviser, if you have one, to actively optimize and manage your retirement plans to help work towards your dream retirement.

Various techniques and strategies can help you maximize your retirement savings. You might be familiar with some basic concepts or common methods, but many less obvious tactics may significantly improve your plans. These can vary from adjusting investment portfolios to taking advantage of tax-saving methods. A thoughtful and strategic plan can greatly impact your retirement savings.

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Tony Drake, CFP®, Investment Advisor Representative
Founder & CEO, Drake and Associates

Tony Drake is a CERTIFIED FINANCIAL PLANNER™ and the founder and CEO of Drake & Associates in Waukesha, Wis. Tony is an Investment Adviser Representative and has helped clients prepare for retirement for more than a decade. He hosts The Retirement Ready Radio Show on WTMJ Radio each week and is featured regularly on TV stations in Milwaukee. Tony is passionate about building strong relationships with his clients so he can help them build a strong plan for their retirement.