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3 Things to Do if You're in Your 50s With No Retirement Savings


We tend to think of 50-somethings as getting close to retirement, but for those who don't have any savings, the sight of the finish line can be more anxiety-provoking than exciting. If you fall into this group, it's unrealistic to expect that you'll be living in the lap of luxury, unless you win the lottery. But saving enough to cover your basic living expenses may still be possible if you plan carefully.

You'll have to make some significant changes, both to your lifestyle today and to your retirement plan. Follow the three steps below to get your retirement back on track.

Image source: Getty Images.

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Source Fool.com


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