6 last-minute retirement strategies
In a perfect world, everyone would follow a consistent saving and investing plan, allowing them to retire with the same lifestyle they enjoyed during their working careers. In reality, though, many people find they are rapidly approaching retirement age without nearly enough savings. If this situation is all too familiar to you, don't worry -- you still have several options. Implementing these last-minute solutions may not work as well as long-term retirement planning, but it's better than doing nothing at all.
"Every day that you delay making progress toward your retirement goals is a day that you fall further behind," says Certified Financial Planner professional Michael Shanahan, a partner at Overland & Shanahan in the greater San Diego area. "Any action taken is always better than ignoring the problem and pretending it will go away."
To enhance your golden years, follow these last-minute retirement planning strategies.