Steps to build up your retirement savings

Here are a few steps to consider for ways to add to your retirement savings:

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  1. Maximum your salary deferrals to your employer retirement plan
  2. Establish a Roth or Traditional IRA if you qualify and have maximized your employment savings
  3. Set-up an automatic transfer to an account with an organization like Vanguard to build savings that are not part of a qualified plan

Obviously these start as small steps, but given time and appropriate investment choices, they can go a long way to improving your chances of have a successful retirement.