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Hi Lynn,

By all means, you have time. It is never too late! The first thing you need to do is start getting smart about retirement costs, investments, etc. You need a well planned program of investing to make sure your money is working as hard as possible and you know the type of lifestyle you will eventually retire too. Surprises are hard to overcome at our ages.

I have two suggestions for you. Read Dr. Kay Shirley's book, "The Baby Boomer Financial Wake-up Call". It will get you thinking about how to develop your long term plan. I found the book an easy read with lots of good examples. Maybe some of the other fools hear can recommend some of their favorites too.

The second thing is to read these message boards religiously. I find the regular readers and board hosts really have a lot to offer. There are several good sites that have good boards to read. They are:

this one;

In a nutshell, what you will find is you need to invest as much as you can into tax deferred accounts like 401's and IRA's, and start a savings program by cutting back as much as possible on current spending.

As you develop your program to retirement you'll have lots of questions. This is the place to ask them.


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