Grow your savings.
The decade leading up to retirement is your last chance to build a significant nest egg. The decisions you make now will impact the retirement benefits you receive and how much you will be able to safely spend for the rest of your life. Here's how to improve your retirement finances in your 50s.
Become a super saver.
An empty nest gives you an opportunity to fill up your nest egg. Once you're done paying for child care and college tuition, it frees up income to tuck into retirement accounts and invest for retirement. Redirect as much cash as you can, including raises, tax refunds and bonuses, to retirement savings.