Plan for Retirement

5 ways to find more funds for retirement savings

Retirement planning is something of a catch-22 – the further people are from it, the more they should be doing to prepare. People just starting out or in their mid-career, however, have many competing financial needs today – house, kids, car, education – that they believe limits their ability to save for tomorrow.

In reality, almost anyone can increase their retirement savings. The trick is to find money in today’s budget that won’t be missed.

Saving for retirement is an exercise in budgeting. Some of these tips are easy, and some take a little more know-how. The important thing is to start early. A financial advisor from Alerus can help you work all the angles to find money you can save, and help you select the tools and products that can help you enjoy financial security today and in retirement.