The Lazy Man’s Guide to Retirement (from CNN Money) lists five easy steps for those who don’t want to expend energy and still be able to retire. Here are the five steps:

• Think about how you want to live when you retire
• Take advantage of your 401(k) or a similar investment account
• Use automatic contributions to transfer money directly from your paycheck into an account you can’t touch for spending
• Invest in index funds to save you the worry of picking stocks and funds
• Don’t mess with what you have; just let it sit and grow

According to the author, this is the very minimum you should be doing to plan for your retirement.

Published or updated November 8, 2004. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by Luke Landes.