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Retirement savings checklist

A simple checklist for saving for retirement.

Capture free money first

  • Contribute at least enough to your 401(k) to get the full employer match.
  • If you don't have a 401(k), open an IRA (Roth or traditional depending on income and goals).

Then build the habit

  • Increase your 401(k) or IRA contribution when you get a raise.
  • Aim for 10–15% of gross income (including match) if you start in your 30s; more if you start later.
  • Keep funds in low-cost, diversified options (e.g. index funds or target-date funds).

Once a year

  • Check that your contribution rate still fits your goals.
  • Rebalance if your mix has drifted a lot from your target.
  • Confirm beneficiaries on all retirement accounts.

WealthyCalc provides general information only, not financial advice. For advice tailored to your situation, consult a qualified professional.