Here’s how much it costs to retire in 2021 in every state

As for what older Americans spend their money on, health care is a priority.

5 helpful retirement strategies

To help ensure your retirement dreams match up with your retirement reality, planning is vital for your best financial future.

Start saving early

If you haven’t started yet, don’t wait to start putting money away — even if it’s a small amount.

Take advantage of employer-sponsored plans

“Many 401(k) plans offer employer matching, which is a big part of your compensation”

Consider an individual retirement account (IRA)

If your employer doesn’t offer a retirement plan or you’ve maxed out your contributions to one, you may want to consider opening an IRA.

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