If you want to retire in 10 years, it's smart to keep saving — but you'll also want to turn a sharp eye to your expenses.
Wondering how to prepare for retirement? By 50, you want to be maxing out your retirement accounts, paying off your debt, and streamlining expenses.
As you approach retirement, consider maxing out retirement accounts, paying off high-interest debt, and exploring healthcare options.
If two people save $100 a month for retirement, but one starts at 25 and the other at 35, the early saver will have nearly twice as much by age 65.