This 32-year-old and her husband saved over $500K for retirement using simple money-saving tips. Here’s how

Core Insights - The Perrauts have accumulated approximately $524,000 in savings at a young age, with Lauren earning $122,000 and Dylan earning $60,000, demonstrating that significant savings can be achieved without high incomes or windfalls [1][2] Financial Strategies - The couple follows a simple yet effective financial plan, emphasizing the importance of living within their means and adhering to timeless financial advice, such as not spending more than they earn and paying off credit card balances [2][4] - They maximize contributions to their workplace retirement accounts and Roth IRAs, taking full advantage of employer matches, which is crucial for building retirement savings [3][4] Retirement Savings Goals - Setting a savings goal is essential for retirement planning, allowing individuals to determine how much they need to save monthly to reach their target by a specific date [5] - A 2025 study by Northwestern Mutual indicates that Americans believe they will need $1.26 million saved for retirement by age 65, highlighting the importance of strategic savings [6]