Catch up on your retirement savings: It's never too late to build your nest egg. Six common problems and how to solve them

摘要

WHEN YOUR WALLET IS PINCHED EACH TIME YOU FILL YOUR GAS TANK OR GROCERY CART, it's tempting to cut back on retirement savings. In fact, in a recent AARP survey of workers 45 and older, one-third of those who responded said they had stopped contributing to their retirement plans and another 23% had tapped their retirement funds prematurely. But the long-term impact of doing either of those things can be devastating - especially if, like Rebecca Edgar of San Diego or Sam Ardery of Bloomington, Ind., you're already behind in saving for retirement. Edgar, 40, is recently divorced and is starting her nest egg from scratch. Ardery, 50, is still recovering from a failed real estate venture more than a dozen years ago.