Updated

Updated · GOBankingRates · Jun 11

GOBankingRates Urges 8 Retirement Moves, Including a $24,500 401(k) Contribution Boost

Updated

Updated · GOBankingRates · Jun 11

GOBankingRates Urges 8 Retirement Moves, Including a $24,500 401(k) Contribution Boost

2 articles · Updated · GOBankingRates · Jun 11

Eight steps topped GOBankingRates' latest retirement checklist, led by raising 401(k) contributions now and using 2026's $24,500 limit to capture more compounding time.
Workers 50 and older can add an $8,000 catch-up, while ages 60 to 63 can contribute an extra $11,250, giving late-career savers more room to accelerate balances.
High-interest debt payoff ranked next, though advisers said savers should still keep at least small retirement contributions going rather than fully pausing long-term investing.
Portfolio alignment also featured heavily: match investments to time horizon, rebalance stock-bond mixes after market swings, and shift focus from net worth to retirement income needs.
The list rounded out with consolidating old accounts, automating savings and using time-segmented investing to avoid forced selling in downturns as retirement approaches.

Sources

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