Many of us, including professionals like Sue, a tax analyst, are left high and dry. I'd like a solid retirement by the time I'm 65. Sue wants some choices.
Benefits can be even more important.
Sue might consider changing her job. In my book Making Up For Lost Time , I interviewed many people who had no retirement plan. One of the most successful catch-up strategies was to work for the federal government. In 20 years of service at age 65, Sue will have quite a nice pension. Simplified employee plans, or SEPs, can be set up by the employee with a little cooperation from the employer.