When you're young and retirement is decades away, it's easy to justify minimum 401(k) contributions in favor of a little extra spending money. In fact, simply changing your investment approach today could yield a much greater return when you're ready to tap into your retirement fund. According to Forbes Finance Council members, here are seven strategies and investment vehicles you can use to maximize your retirement savings long before you need them. Solo 401(k) AccountsThe Solo 401(k) is terrific for business owners without employees. Also, 401(k) plans, in general, are fantastic tools for business owners who do have employees.
Source: Forbes March 27, 2018 10:52 UTC