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How Boomers Can Avoid Going Bust in Retirement

If you didn't prepare for your golden years, you can still get your act together.

If you're a baby boomer on the cusp of retirement, you could find yourself staring down this problem soon. Perhaps you missed out on compound interest by not investing young. Maybe the Great Recession decimated your individual retirement account. Medical or financial emergencies might've forced you to tap your funds as a last resort.

Don't throw the "Hail Mary" pass.
Consider overlooked financial resources.
Sacrifice.
Define "comfortable retirement."

Read the whole article: http://money.usnews.com/money/personal-finance/mutual-funds/articles/2015/05/13/how-boomers-can-avoid-going-bust-in-retirement

 

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