Categories: Curiosities

20 Ways to Increase Your Savings and Retire Rich

Relocate for a Lower Cost of Living

Living abroad or moving to a state with a low cost of living is one way to keep expenses down in retirement. But if you move while you’re still working, you can beef up your savings to have an even richer retirement.

Tresidder said he has clients who have taken jobs with U.S. companies that relocate them to other countries where the cost of living is low. As a result, they are able to sock away a lot more for retirement.

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