27% of Workers' Retirement Plans Are Off the Rails -- Is Yours?
Over a quarter of workers report being far off track when it comes to retirement savings, according to TIAA's Financial Resiliency survey, despite the majority of participants listing retirement as a major financial goal. If you're among this group, I have good news. No matter where you're at right now, there are steps you can take to make your senior years better. The following tips may not get you the retirement you'd always envisioned, but they can help you begin to move in the right direction.
It's easy to feel like you're off track when you're unsure how much you actually need for retirement in the first place. If you haven't actually calculated how much you must save for retirement, do so now. You may realize you're not as far off track as you expected. Even if you are, you can't begin to correct the problem until you know how bad it is.
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Source Fool.com
