How to Save for Retirement Without Knowing Anything About Investing

Introduction: Retirement Savings for Beginners

Saving for retirement is daunting without investing knowledge, but 70% of Americans lack confidence in investing, per a 2024 Gallup survey. In 2025, simple strategies make it accessible. This guide shows how to save for retirement with Onu’s AI, no expertise needed.

With Onu, retirement planning is simple and stress-free.

Why Retirement Saving Doesn’t Need Expertise

Simple tools work, per NerdWallet:

• Auto-Enroll Plans: 401(k)s with employer matches.
• Target-Date Funds: Auto-adjust investments.
• High-Yield Savings: Safe growth for beginners.

Example: 5% 401(k) contribution with 3% match saves $8,000/year on $100,000 salary.

Retirement Savings Options

Beginner-friendly options, per Investopedia:

Insight: Simple options yield big results.

Step-by-Step: Retirement Savings Plan

30-day plan for beginners:

1. Assess Income (Days 1–5): Review budget with Onu. Example: $4,000/month income.
2. Choose Plan (Days 6–10): Select 401(k) or IRA. Example: 5% 401(k) contribution.
3. Automate (Days 11–15): Set auto-transfers via Onu. Example: $200/month to IRA.
4. Add Savings (Days 16–20): Use high-yield account. Example: $100/month at 5%.
5. Track (Days 21–25): Monitor with Onu. Example: $300/month saved.
6. Review (Days 26–30): Adjust contributions. Example: Increase to 6%.

Real-Life Example: Retirement Savings Success

Meet Lisa, a 30-year-old with no investing knowledge:

• Assess: $5,000/month income.
• Choose: Enrolled in 401(k) with 4% match.
• Automate: Onu set $250/month to IRA.
• Add: $100/month to savings.
• Track: Saved $4,200/year.

Result: Built $21,000 in 5 years at 5%.

Financial Impact of Retirement Savings

Benefits:

• Growth: $200/month at 5% grows to $13,000 in 5 years.
• Security: Builds retirement nest egg.

Example: $4,000/year saves $100,000 in 20 years.

Context: Retirement in 2025

Trends from Forbes:

• Simplicity: Auto-plans rise.
• Automation: Tools like Onu popular.

Example: 401(k) matches boost savings.

Final Thoughts

Retirement savings don’t require investing expertise. Onu’s AI simplifies the process for beginners. Start today for a secure future.

Sources: Gallup (2024), NerdWallet (2024), Investopedia (2024), Forbes (2025). This article is for informational purposes only and not financial, legal, or tax advice.