Approximately one in five Americans expects to work past the traditional retirement age, according to a 2020 survey from Northwestern Mutual. Of that group, around half say they’re working longer out of necessity rather than choice.
If your savings are lacking, you may have no choice but to postpone retirement. However, by taking steps to boost your savings now, you’ll be much better prepared once you reach your senior years. And there’s one simple thing that can help you save more than you think: Treat your savings like a subscription service.