Kiplinger

How to Recover from a Pre-Retirement Financial Crisis

Having a personal financial setback when you're closer to retirement can be doubly stressful. You're dealing with both the financial reversal, and the realization that you have less time to earn the money back.

Perhaps you had to deal with a job loss, an expensive illness, divorce or a business failure. Or it may be that you just haven't saved enough or you've racked up too much debt to retire.

Take Action Now: Your First Steps

How do you turn your financial life around?

  • Start by facing the reality of your situation. This may be easier said than done, especially

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger5 min read
4 Steps for Managing Income Withdrawals in Retirement
If you’re like most Americans nearing retirement, you’re worried about whether you have enough savings. In fact, only 22% of those approaching retirement believe they’ve saved enough to retire comfortably. At a time when the stock market is down, inf
Kiplinger5 min readRobotics
Retirees: Your Next Companion May Be a Robot
Elliq, a foot-hight robot that looks like an oval lampshade on a small base, greets Monica Perez first thing in the morning, asks her how she feels, and reminds her about taking medications and any upcoming appointments.  “I have good-quality friends
Kiplinger4 min readAmerican Government
Where the Midterm Election Races Stand Today
With the congressional midterm elections only weeks away, here’s how we think things will shake out. In early spring, Republicans appeared well on their way to steamroll through the midterms and win back control of the House and Senate. Democrats wer

Related Books & Audiobooks