Want to make your 401(k) grow faster? Here’s a simple tip. Each time you get a raise, bump up your retirement contributions by 1 to 2 percent of salary, until you reach your target savings rate of 10 to 15% of gross income per year. If you’re already maxxing your 401(k), stuff extra savings into a Roth, Traditional IRA, or Health Savings Account (HSA).
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