12 Tips for Making Your Retirement Savings Last

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It’s an interesting time to think about retirement with so much uncertainty in the world. At the same time, planning for the future is essential. If you don’t already have a savings plan, now is the perfect time to start thinking about how you’ll support yourself and your family during your golden years.

Here are some tips, tricks, and suggestions to ensure your savings last long enough to enjoy a comfortable life after retirement.

1. Diversify Your Portfolio

Building a retirement savings plan isn’t something that’s taught in most modern public schools. Many graduates emerge from these hallowed halls of learning with the mistaken understanding that a 401(k) is all they need to live a comfortable retirement. It is one piece of the puzzle, but it often isn’t enough to support an individual or couple throughout their entire retirement.