It’s not too late to prepare for retirement. Here’s how!

Even if you’re behind on saving for retirement, it may not be too late to create a better retirement for you and your family. Read on for some last-minute strategies to add to what you’ve got.

Once you’re 50 years of age or older, you can start making “catch-up contributions” to some retirement accounts to increase retirement savings.

Make catch-up contributions

Medium Brush Stroke

Increase employer match contributions

If you’re not taking advantage of your employer’s 401(k) match, you’re  throwing away free money you could squirrel away for retirement.

Consider taking more investment risk

Talk to your retirement planner to find out if  adjusting your retirement account investment asset mix may help boost  your retirement savings balance.

Medium Brush Stroke

One reason to wait to retire is that the longer you delay collecting  Social Security benefits, the larger the check you’ll receive each  month.

Work longer


Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.