Americans are saving more money than ever.
However, carrying that momentum all the way to retirement will require a few good budgeting habits, according to Ken Hevert, a senior vice president at Fidelity Investments.
Committing to regular savings, whether it is a percentage of your paycheck or a specific dollar amount, is the most important thing Hevert says you can do to reach your goals.
Check out this video to see how much Hevert says you should save and to learn the other two things you will need to do to fund your dream retirement.
More from Invest in You:
‘Predictably Irrational’ author says this is what investors should be doing during the pandemic
Coronavirus forced this couple into a 27-day quarantine amid their honeymoon cruise
How to prepare for a family member with COVID-19
SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox.
Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.
