With so much attention focused on the upcoming election and our dilapidated national economy, it’s easy to forget how everything is intertwined. Entitlements such as social security might not seem like today’s most pressing issue, however, studies show more and more employers are reducing or eliminating traditional benefit pension and retirement health insurance plans. In 2009, 43% of Fortune 500 companies offered a defined retirement savings structure to fulltime employees, by 2012, that number had dropped to 30%. This means it’s all the more important for individuals to step up their game when it comes to saving for the future. Saving today exponentially increases tomorrow’s payday. For more tips on how to make the most of your retirement fund, check out this infographic with five ways to cultivate your retirement savings.
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