Americans need to squirrel away more money for retirement if they hope to maintain their same standard of living, and Fidelity Investments has some suggestions on how to do that.

The asset manager that oversees about $2.1 trillion for investors says investors should have six times their yearly salary saved by age 50. By most accounts, that means Americans are woefully unprepared for retirement.

The median amount of savings among families between 44 and 49 is $6,200, according to data from the Economic Policy Institute cited by CNBC. The median household income was $56,516 in 2015, unchanged in 18 years when adjusted for inflation, according to the latest data available from the Census Bureau.

Fidelity recommends four ways to boost retirement savings:

1. Set aside 10 percent or more in a tax-advantaged retirement savings account, such as a 401(k) plan.

2. Have your employer do a payroll deduction or have your money taken out of your checking account and sent straight to your retirement account.

3. Raise your savings as you get a raise, or every six months to a year.

4. If you’re eligible for alternate retirement savings arrangements, consider saving money in a Roth IRA, traditional IRA and/or health savings account.

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