Welcome to Boomer411. We hope you will visit again. You can also subscribe to our RSS feed.

How are we as americans doing in regards to saving for our retirement? That is the question posed and answered in this recent bankrate.com survey conducted last September. Read this article to get more details. The interesting finding is only about 28% are able to meet or exceed their monthly retirement savings goals. About 68% or more of the country’s population is not able to meet their monthly savings goal due to various reasons. The number of reasons is only growing due to the overall issues with the country’s economy. Jobless rate is growing, real estate prices are going down and so on and so forth adding more stress to the already strained wallet of the american consumer. But the fact is, when you reach your retirement age and looking at your finances and contemplating whether you can afford it, the current economic problems are not going to matter in the big picture that is your life and your retirement. Sometimes, just a few small steps can go a long way and may be a matter of taking the time to learn about them. The point to note here is, sometimes it may not even cost us a whole lot in the short term, but building a discipline and taking a few critical steps regularly and without fail can make a big difference.

We linked to a few such steps in one of our recent blog posts here. Also, while we are at it, let’s get rid of some of the common myths surrounding retirement savings. Check this out.

To summarize, start thinking about savings, start learning and planning about it. As you begin to learn, you will begin to notice opportunities for making an impact to your retirement savings, that you previously would not have noticed. This only takes a little bit of your time, but will go a long way.

All the best…