These additional retirement contributions into a tax-advantaged account can decrease your tax liability even more, increasing the amount of cash you have to save and invest. Each of these options can help boost your retirement fund, but only if you invest the savings there and don’t redirect it toward other spending.
The article 5 Ways to Grow Retirement Savings and Enjoy a Latte, Too originally appeared on NerdWallet.
ERIN EL ISSA is a credit cards expert and studies writer at NerdWallet. Her work has been featured by USA Today , U.S. News and MarketWatch.
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