6 Secrets to Saving More for Retirement

Planning for retirement is like taking a long road trip. By the time you're approaching retirement, you may want to turn over the driving to an expert will look under the hood and calibrate your investments to your exact needs. No matter what stage you're in, your employer-sponsored 401(k) plan is key to getting you where you need to be. These pretax accounts, also called defined-contribution plans, now far surpass pensions as the retirement savings vehicle of choice among private companies. Here are six steps that will help you get the most out of your 401(k) and take advantage of the momentum your employer offers: 1. Get a head start. 2. Step up the pace. 3. Get the right mix. 4. Review fees. 5. Put the pedal to the metal. 6. Enlist the experts.