Retirement Savings

How to Kickstart Your Retirement Saving Halfway Through Your Career

Realizing you could have been saving more in your 20s? Start with these smart habits and see return soon.
VIP Contributor
Founder and CEO of Financially Wise Women
2 min read
Opinions expressed by Entrepreneur contributors are their own.

If you're nearing the middle of your career and saying to yourself, wow, I want to save more than I have for retirement, Entrepreneur Network partner Brittney Castro recommends a few tips to get you started in the saving process.

First off, no matter how little the amount, begin saving as soon as possible. Whether the amount you're putting in is $50 or $500, the idea is to get the ball rolling and make sure these payments are automatic. If your money is situated inside an investment fund and not sitting in around your house, you will be able to apply further practices, like looking at how balanced your financial pursuits are between risk and reward. 

Importantly, look at any action you're taking in your financial journey -- including setting up an account itself -- as a small accomplishment worth celebrating.

Click play to learn more about starting your retirement savings now.

Related: To Meet Your Financial Goals, Set Clear Boundaries

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on RokuApple TV and the Entrepreneur App available on iOS and Android devices.

More from Entrepreneur

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

New Study Finds the Smaller Your Business, the Higher Your 401(k) Fees