Have You Managed To Save Enough Money For Retirement?

Are Boomers Saving Enough For Retirement? 

There seems to be a wide gap between the amount boomers are saving for their comfortable retirement. Some boomers are managing to save a lot of money, while others are really behind. Job stability, a good retirement plan, and other burdens are important factors. Many older people really did start out with good discipline, and a good plan, but economic woes got their retirement plans sidelined.

Can You Still Build Your Retirement Savings? 

Actually, you still do have an opportunity to grow your retirement savings. You may need to take some important steps quickly though.

• Try to become as frugal as possible now. This does not mean you need to shut off your air conditioning, but it does mean you should try to eliminate as much waste as possible.
• If frugal measures are not helping, you may just need to figure out how you can earn a bit more money. Changing jobs may not be an option, but you may want to consider some good ways to earn extra money. 
• If an early or total retirement is not in the cards, but you really need to leave your job, you may consider some partial retirement options. Starting a part time job or business has worked out well for people who not able to quit working entirely. You get the benefits of earning some extra income, maybe even qualifying for more job related benefits, and staying active. But you may be able to leave the stress and burden of full time work behind you. Here is a good resource on semi retirement jobs.

I found a number of great articles on being more frugal, retirement, and flexible work here as well.