To enjoy a comfortable retirement, you need a sizable nest egg, often seven figures. Maxing out your IRA is a great starting point, especially if you don’t have access to a 401(k) through your job. With 2025 halfway over, it might still be possible to max out your IRA if you follow the right steps. Understand the contribution limits for IRAs in 2025 and how to divide your contributions for the remainder of the year. If you can’t afford to save the full amount, there are options like side hustles or year-end bonuses. Remember, you have until you file your 2025 taxes to make IRA contributions for this year.

Additionally, maximizing your Social Security benefits could provide a significant boost to your retirement income, potentially up to $23,760 more each year. Learning how to maximize these benefits could give you the confidence to retire securely. Join Stock Advisor to discover more about these strategies and secure your retirement income.

Read more at Nasdaq: Want to Max Out Your IRA Before 2026? Here’s How.