20 Ways to Increase Your Savings and Retire Rich

Invest in Income-Generating Real Estate

Another way to make sure you have money in retirement is to buy income-generating real estate. The key is to purchase and finance it carefully, said Todd Tresidder, a financial coach and founder of Financial Mentor.

One former casino card dealer Tresidder knew worked the graveyard shift to pay bills. By day, he bought and renovated homes to grow equity. He retired early in his 50s with five rental homes and more than $5,000 per month in passive income.