{"id":341948,"date":"2025-10-30T00:42:14","date_gmt":"2025-10-30T00:42:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/341948\/"},"modified":"2025-10-30T00:42:14","modified_gmt":"2025-10-30T00:42:14","slug":"4-smart-strategies-americans-are-using-to-make-their-retirement-savings-last","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/341948\/","title":{"rendered":"4 Smart Strategies Americans Are Using To Make Their Retirement Savings Last"},"content":{"rendered":"\n

Many Americans worry they won\u2019t have enough money to retire comfortably<\/a>. A recent U.S. Bank survey<\/a> found that nearly half of Americans (47%) lack confidence in their retirement savings. But others are feeling optimistic, and it\u2019s not just luck \u2014 they\u2019re using smart strategies that anyone can adopt.<\/p>\n

Learn More: You\u2019ll Run Out of Money in 20 Years\u2019 \u2014 Why Retirees Are Rethinking Their Savings Strategy<\/a><\/strong><\/p>\n<\/p>\n

Read Next: 5 Clever Ways Retirees Are Earning Up To $1K Per Month From Home<\/a><\/strong><\/p>\n

Here\u2019s a look at the strategies savvy Americans are using to ensure they will have enough savings to live well throughout their golden years<\/a>.<\/p>\n

Those who are confident that their savings will last through retirement<\/a> are more likely to have created a financial plan (71%) compared to those who are not confident (46%).<\/p>\n

\u201cHaving a financial plan is one of the smartest ways to make your retirement savings last because it gives you a roadmap,\u201d said Scott Ford, president of U.S. Bank Wealth Management. \u201cIt helps you think about how you want to live in retirement and then translates that vision into clear, achievable steps.\u201d<\/p>\n

A plan can help give you confidence that even when unexpected costs come up, you can adapt and keep moving toward your retirement goals. And Ford noted that your plan doesn\u2019t have to be complex \u2014 creating even a basic plan can help provide clarity and confidence.<\/p>\n

\u201cOur survey found that following a clear financial plan delivers real benefits for everyone, no matter how much money they have,\u201d he said.<\/p>\n

Find Out: Here\u2019s How Much You Need To Retire With a $100K Lifestyle<\/a><\/strong><\/p>\n

Increasing savings and building emergency funds help build long-term financial confidence<\/a> \u2014 67% of those who are confident that their savings will last through retirement have built an emergency fund versus 41% who are not confident.<\/p>\n

\u201cHaving sufficient cash on hand or an emergency fund helps protect your long-term savings because it allows you to cover unexpected expenses without tapping into your retirement accounts or pausing contributions,\u201d Ford said.<\/p>\n

When it comes to emergency costs, it\u2019s important to expect the unexpected and to be prepared financially.<\/p>\n

\u201cUnfortunately, a hardship \u2014 your car breaks down, your roof collapses \u2014 is a matter of when, not if,\u201d Ford said. \u201cAn emergency fund acts as a cushion, covering today\u2019s surprises so your retirement savings can keep growing for the future. That safety net can give you the confidence that short-term setbacks won\u2019t derail your long-term goals.\u201d<\/p>\n

Those who are confident that their savings will last through retirement are more likely to make monthly contributions to their retirement fund<\/a> (61%) compared to those who are not confident (40%).<\/p>\n

\u201cConsistency is one of the cornerstones of retirement savings,\u201d Ford said. \u201cMaking regular contributions builds the habit of saving, keeps you disciplined through market ups and downs, and harnesses the power of compounding over time.\u201d<\/p>\n

Ford recommended contributing 10% to 15% of your pretax income to retirement savings.<\/p>\n

\u201cIf that\u2019s more than you can do, save as much as you can,\u201d he said. \u201cIf your employer offers a match, save enough to get the match \u2014 otherwise you\u2019re leaving free money on the table. Even small contributions make a difference.\u201d<\/p>\n

Utilizing a financial professional can increase retirement confidence. Those who are confident that their savings will last through retirement are more likely to work with a financial advisor (54%) compared to those who are not confident (22%).<\/p>\n

\u201cWorking with a financial advisor gives you both a plan and the reassurance that you won\u2019t have to navigate uncertainty alone,\u201d Ford said. \u201cAdvisors act as partners who understand their clients\u2019 goals, help them adjust when life circumstances change and provide someone to talk to when questions arise.<\/p>\n

\u201cBy clarifying priorities, keeping savings on track and offering steady guidance through market ups and downs,\u201d he continued, \u201cadvisors can give you the confidence that your financial goals are within reach.\u201d<\/p>\n

More From GOBankingRates<\/strong><\/p>\n

This article originally appeared on GOBankingRates.com<\/a>: 4 Smart Strategies Americans Are Using To Make Their Retirement Savings Last<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Many Americans worry they won\u2019t have enough money to retire comfortably. A recent U.S. Bank survey found that…\n","protected":false},"author":3,"featured_media":341949,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[9331,64,168366,255,696,168367,67,132,68],"class_list":{"0":"post-341948","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-americans","9":"tag-business","10":"tag-financial-plan","11":"tag-personal-finance","12":"tag-retirement-savings","13":"tag-scott-ford","14":"tag-united-states","15":"tag-unitedstates","16":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115460344580877220","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/341948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=341948"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/341948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/341949"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=341948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=341948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=341948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}