Retirement Planning

(MoneyWatch) 

Will I ever be able to retire?

If you're wondering whether you'll ever be able to hang up your spurs, you're not alone. The financial markets' recent dismal performance has left most people's retirement accounts a shadow of their former selves.

But there are ways to get back on track.

Try socking away more of your current income.

If you're 50 or older, take full advantage of "catch-up" contributions for your 401(k) plan and IRA.

Make sure not to leave any employer matching contributions on the table. It's the closest thing you'll find to free money!

And think about postponing retirement a bit. Even a few extra years on the job can make a huge difference.

The links below offer strategies for rescuing your retirement, as well as resources to put those new plans into motion.

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