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Its not uncommon for people to be way behind on theirretirement savingsas they reach their 50s and 60s.
In fact, itsmore the rule than the exception.
Here are four things Tu suggests doingif youre panicking about retirement.
Her suggestion: Dont do it.
They can take a loan ou,t but you cant borrow money for retirement, Tu said.
Your kids have time on their side, but you dont have that luxury.
If youre not currently maxing out your retirement savings, nows a good time to start.
If youre 50 or older, the catch-up contribution is $7,500.
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