To grow wealth and ensure a comfortable retirement, start saving and investing early. Even if you’re starting late, it’s never too late to boost savings and income. Baby boomers can enhance their net worth by saving, spending sensibly, and exploring new financial strategies. Experts recommend lower-risk investments like ETFs and dividend-paying stocks. Making catch-up contributions to retirement accounts and exploring gig economy opportunities can also help. Delaying Social Security payments can increase monthly income, and preparing for healthcare costs is crucial. Explore long-term care insurance and options like HSAs for triple tax benefits.

Read more at Yahoo Finance: I Asked Financial Experts How Boomers Can Still Grow Their Net Worth: Here’s What They Said