The simplest way to boost retirement savings is to hang onto your job. Staying employed for longer keeps your income and company benefits coming in and prevents you from dipping into your financial safety nets like retirement and Social Security benefits. One way to stay on the job is to redefine how you think of work
says Stuart Ritter, a senior financial planner with T. Rowe Price investment services firm in Maryland.
"One of the things that we've started advocating is something we refer to as 'practiced retirement,'" Ritter says. "...Take the money that they were saving for retirement and start spending it. Go take that cruise...this idea of 'I stay in the workforce, but I also get to start playing' makes staying in the workforce a more palatable decision."
If you're looking forward to bidding your job adieu too much, consider alternative work situations like moving to part-time, telecommuting or freelancing. Changing up where you do your job and how can drastically affect how long you're willing to stay employed.