No Retirement Savings? Here's How to Compensate.
Though Social Security provides a respectable amount of income to seniors, those benefits aren't enough to live on. The average recipient today collects just $17,532 a year, which might cover some basics, but doesn't make for a remotely comfortable lifestyle. As such, you'll need savings of your own to ensure that you have enough money to fund your golden years.
But what if the end of your career is approaching, and you don't have a dollar socked away in your IRA or 401(k)? Though your retirement might seem doomed, that's not necessarily the case. Here are a few ways to compensate for a lack of savings for your golden years.
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