This article was updated on August 12, 2015.
Millions of Americans know they haven't saved enough for retirement, but they think they don't have the time to research investments in order to reach their goals of retiring rich. Yet there are simple and effective ways to invest for long-term needs like retirement expenses, so you needn't let fear or inexperience hold you back from achieving success with your investment portfolio.
In the following video, Motley Fool investment planning editor Lauren Kuczala talks with longtime Fool contributor and financial planner Dan Caplinger about two simple ways to save for retirement. One offers automatic adjustments to your investment mix over time, while the other allows you to customize your portfolio to your specific needs with a wide variety of investments at your disposal. Both methods help you get on track to meet whatever financial goals you set for yourself in saving for retirement or other long-term needs. Dan discusses how you can choose between these two great alternatives to create a retirement portfolio that matches your investing philosophy.
How one Seattle couple secured a $60K Social Security bonus -- and you can too
A Seattle couple recently discovered some little-known Social Security secrets that can boost many retirees' income by as much as $60,000. They were shocked by how easy it was to actually take advantage of these loopholes. And although it may seem too good to be true, it's 100% real. In fact, one MarketWatch reporter argues that if more Americans used them, the government would have to shell out an extra $10 billion... every year! So once you learn how to take advantage of these loopholes, you could retire confidently with the peace of mind we're all after, even if you're woefully unprepared. Simply click here to receive your free copy of our new report that details how you can take advantage of these strategies.