Retirees have powerful tools like Roth IRAs and 401(k)s to accelerate savings, but many miss out on opportunities. Not saving now could be a major retirement planning mistake after age 40. Compound interest is key: $1,000 growing at 10% for 30 years becomes $175,000. Don’t wait to save – compounding starts today. Most Americans are behind on retirement savings, but little-known “Social Security secrets” could boost income by $23,760 annually. Learn how to maximize benefits for a more confident retirement. The views expressed are the author’s and do not necessarily reflect those of Nasdaq, Inc.

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