Do you need to catch up before you reach retirement age?

Do you have enough money in your retirement account to last well into your 90s?  If not, you may need to rethink your investment strategy.  Many couples are finding themselves in a race to increase retirement money before they quit work.  Some strategies that seem to work are changing your lifestyle to live on less income to increase savings.  Another reason why your retirement accounts may not be as healthy as they should be is you are paying for the living expenses of your adult children – – this is a huge drain on income that could be used to fund retirement accounts.

For more ways you can help prepare for retirement read, “10 Ways to Play Catch-Up Before Retirement.