Time ran a series of pithy articles with retirement advice. Although I don’t agree with every single bit of advice, most of it is quite sound. One important piece of advice:
You’re pretty much on your own when it comes to earning, saving and investing. So make a plan early and check in often. Those who have a realistic plan are far more likely to achieve their financial goals.
According to AARP, more than 50% of people closing in on retirement do not have any kind of plan! Get started. In my experience, clients who commit to even the simple act of setting up a spreadsheet to tally their net worth each quarter take a huge step toward getting on the right track.