Investors are focusing more than ever before on saving for retirement. But too many people make mistakes in their retirement saving. Following some simple steps can help you avoid those mistakes and make the most of your retirement.

In the following video, Dan Caplinger, The Motley Fool's director of investment planning, goes through three simple tips to boost your retirement savings. In turn, Dan talks about starting an IRA, using your 401(k) at work, and making better investments as his three-step process. Dan also explains how PepsiCo (NASDAQ:PEP), Disney (NYSE:DIS), and other stalwart stocks can play a role in your portfolio, along with Vanguard Dividend Appreciation (NYSEMKT:VIG) and other exchange-traded funds. Dan concludes that with these three ideas, you can make your retirement a lot more lucrative.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.