3 ways to save more for retirement if you've maxed out your retirement accounts

August 23, 2021

By Liz Knueven, InsiderĀ 

If you've been saving aggressively for retirement, you might find a limit in your way.

Retirement accounts only allow you to save a certain amount each year. In 2021, 401(k) savers can contribute up to $19,500 pre-tax per person (or $26,000 for those age 50 or older). Those contributing to Roth or traditional IRAs can contribute up to $6,000 (or $7,000 for those age 50 or older).

If you want to save more than these limits, it's entirely possible. Here are financial planners' suggestions for how to save more for retirement.

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