Two Easy Steps to Lock In a Comfortable Retirement

According to Time.com, more than 50% of Americans age 35-54 have less than $10,000 saved for retirement. How we got to this point over the last 15 years is hardly surprising. In the wake of the Great Recession, many people saw their 401(k)s wiped out, and they lost a lot of faith in the financial markets. Members of Generation X lost 45% of their average net worth during the financial crisis, according to the Financial Times. If you find yourself in this group, let me start by reminding you of two things: First, you are not alone. Millions of Americans are in the same situation. Second, you have plenty of time to start building or rebuilding a retirement nest egg that'll put you on your way. According to retirement experts, most Americans have time to catch up and reach their retirement goals. If you've already started saving money, consider yourself ahead of the game. But you still need to set aggressive goals if you want to retire at 60. Get started with these immediate steps... Tags: Retirement Article To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Two Easy Steps to Lock In a Comfortable Retirement appeared first on Money Morning - We Make Investing Profitable .