60 years old and no retirement savings
Question: I’m one of those Americans who are just not financially prepared for retirement. I’m 60, but have very little saved because my money went into my own businesses, all of which eventually failed. I’m now working for a company and participate in its 401(k). But short of winning the lottery, I don’t know what to do to be able to retire. Any suggestions? –Tony F., St. Louis, Missouri
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No retirement savings? It’s not too late to catch up
Question: I’m one of those Americans who are just not financially prepared for retirement. I’m 60, but have very little saved because my money went into my own businesses, all of which eventually failed.
Read more on Money via Yahoo! Finance

Watch this video for a demonstration of “How to Set Up a Retirement Savings Account”. Tocomplete the task, you will need: An investment provider Money to contribute Get started with the first step: Realize that even if you are already contributing to your company’s 401(k) plan, you are free to establish an individual retirement account, or IRA, as well. For the complete guide, go to www.howcast.com Also check out Howcast for other do it yourself videos from Real4Reel and more videos in the Retirement Planning category. How can you contribute? Create your own DIY guide at www.howcast.com or apply to the Howcast Emerging Filmmakers Program at www.howcast.com

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