​Are you getting a late start on your retirement planning? If so, you have company. According to a recent study from the Economic Policy Institute, the average family between the ages of 44 and 49 has only $81,437 saved for retirement. That number is $124,831 for those between ages 50 and 55 and $163,577 between ages 56 and 61.1 While those numbers might represent a good start, it’s fair to say they’re not sufficient to fund a long retirement.
 
The good news is it’s never too late to start saving for retirement. You may have to make some adjustments to your plans and vision, but with some discipline and focus, you may still be able to fund an enjoyable retirement.

​It’s a new year already. For many, that means it’s time to implement resolutions and strategies for self-improvement. Weight loss and fitness goals are popular resolutions. So, too, are goals related to education and career advancement. Unfortunately, nearly 80 percent of all resolutions fail by February.1
 
This year, consider adding some financial resolutions to your list. With some simple changes in habit and behavior, you can significantly improve your financial picture. The key, of course, is to stay consistent and stick with your resolutions.
 
Below are three financial resolutions to consider, along with tips on how to stay committed. If you’re worried about your financial picture, make 2018 the year you take action.