Saving Underfunded Retirement

Morningstar conducted a study of the best ways for someone who hasn’t saved enough for retirement to ensure a comfortable retirement. It found that taking a number of relatively small actions are the best approach, because there’s no one big action that’s has a high probability of success. The worst action to take is to move all your money into cash or similar safe investments. The opposite, taking a much more aggressive investment approach, also isn’t among the best moves.