6 Late-Stage Retirement Catch-Up Tactics

AAA

Tough But Not Impossible

People approaching retirement age with little in savings may have a bumpy road ahead. Individuals in their 40s and 50s who have done little or no retirement planning are certainly at something of a disadvantage. However, with the proper planning and a willingness to save and invest, the odds are not insurmountable. Certain steps can build a nest egg as rapidly as possible, and to ensure at least some money will be there for support in retirement.

  1. No results found.
Related Articles
  1. Retirement

    Your 40s Is Not Too Late to Save for Retirement

    If you are in your 40s and haven't started planning or saving for retirement, it's not too late.
  2. Retirement

    Retirement Saving Through The Ages

    It's never too late to start saving for retirement, but there is a "better" time to get it rolling.
  3. Financial Advisor

    Retirement Planning Tips for Clients in Their 50s

    Here are three ways financial advisors can help 50-somethings plan for retirement.
  4. Retirement

    How to Catch Up on Retirement Savings

    Lots of people nearing retirement don't have enough saved. Thankfully there is a host of ways to catch-up on saving, from working longer to saving more.
  5. Retirement

    Will Your Retirement Income Be Enough?

    How to figure if you'll have enough for those golden years – and what factors to consider in crunching the numbers.
  6. Retirement

    Introduction: Protecting Your Nest Egg

    Protecting your nest egg involves maximizing savings and minimizing taxes. For the following 12 weeks, we will explain the best ways to do both.
  7. Retirement

    Why Saving 10% Won't Get You Through Retirement

    Retirement experts often tout the 10% rule: To have a good retirement, you must save 10% of your income. The truth is, most people need to save far more.
  8. Retirement

    10 Things You Must Know Before You Retire

    Don't put off your retirement planning - these 10 steps can make your later years much more manageable.
  9. Financial Advisor

    Those Who Retire Early Share These Traits

    Here's how people planning on retiring early prepare for what's ahead.
Hot Definitions
  1. Internal Rate of Return - IRR

    Internal Rate of Return (IRR) is a metric used in capital budgeting to estimate the profitability of potential investments.
  2. Limit Order

    An order placed with a brokerage to buy or sell a set number of shares at a specified price or better.
  3. Current Ratio

    The current ratio is a liquidity ratio that measures a company's ability to pay short-term and long-term obligations.
  4. Return on Investment (ROI)

    Return on Investment (ROI) is a performance measure used to evaluate the efficiency of an investment or compare the efficiency ...
  5. Interest Coverage Ratio

    The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest ...
  6. Cash Conversion Cycle - CCC

    Cash conversion cycle (CCC) is a metric that expresses the length of time, in days, that it takes for a company to convert ...
Trading Center