Late to Retirement Savings? Here's Your Game Plan
Saving for retirement is something you should, ideally, begin doing from a young age. That way, you'll give your savings ample time to grow. But what if you're already late to that party? If so, here's what you need to do.
So you've reached your 50s with no retirement savings. First and foremost, don't panic. Though your situation isn't optimal, it's also salvageable. Rather than get worked up, stay calm as you navigate your options. You aren't the first person to start saving for retirement later in life, and you won't be the last.
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Source Fool.com
