5 Ways to Automate Your Retirement Savings

In this Video:

We are more likely to spend what we have money in our pockets.  That’s why automating the process of saving for retirement is a great way to achieve your financial goals.  On this episode, I’m going to share five ways you can automate your retirement savings this year and stay on track for years to come. 

Things to Consider:

Throughout my time in the industry, I have heard many strategies that clients use to save for retirement.  The strategy that has the best success rate is one that involves a level of automation. It removes the emotional human mind from the decision making process, so you won’t replace your 401(k) contribution with a new air fryer this month.  All jokes aside, if you are struggling to save for retirement then this is the video for you as I cover five ways that you can improve your retirement savings through automation. 

Key Points in this Episode:

0:00: Intro

0:42: Automated Retirement Plan Contributions 

2:50: Automated Savings Through an HSA  

5:28: Using a Roth IRA for Automated Savings 

7:15: Opening a High-Yield Savings Account

10:55: Automating Debt Payments