Ideally, you should enter retirement with about 10 times your final annual salary socked away in your investment portfolio. You’ll need those assets to supplement your Social Security benefits, which only pay the average senior today about $18,000 a year.
But what if you’re on the cusp of retirement and you haven’t got quite that much set aside in your IRA, 401(k), or brokerage accounts? It’s a situation you wouldn’t be alone in. Here are a few things you could do if that’s where you look likely to end up.
