8 Things To Do If You Have Nothing Saved For Retirement

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Our creative director, Holly, shares 8 things to do if you have nothing saved for retirement (yet) — no matter where you're starting from.

Click here to read about Holly's 2026 no-buy challenge, the Nothing-New Year: https://thefinancialdiet.beehiiv.com/p/the-nothing-new-year
https://thefinancialdiet.beehiiv.com/p/holly-s-april-no-buy-update

SOURCE LINKS:

https://www.investopedia.com/americans-with-no-retirement-savings-11804319

https://www.cnbc.com/select/why-you-should-start-saving-in-your-20s/

https://investor.vanguard.com/tools-calculators/retirement-income-calculator.html

https://brokemillennial.substack.com/p/yes-you-can-coast-to-retirement

https://www.investopedia.com/articles/personal-finance/112315/how-401k-matching-works.asp

​​https://www.fidelity.com/learning-center/smart-money/retirement-accounts

https://www.fidelity.com/learning-center/trading-investing/taxable-brokerage-account

https://www.fidelity.com/learning-center/personal-finance/pay-down-debt-vs-invest

https://www.adpresearch.com/the-wage-lifecycle-is-more-complex-than-you-think/

https://www.investopedia.com/terms/t/timehorizon.asp#toc-how-investment-time-horizons-influence-your-strategy

00:03:15 Calculate your retirement savings
00:07:38 Research & set up a retirement account
00:12:08 Pay off high-interest debt
00:13:41 Lower lifestyle costs
00:15:41 Increase income
00:16:45 Increase your savings rate
00:18:05 Adjust your investment strategy
00:19:53 Long-term lifestyle changes