Feeling Behind on Retirement Savings? Here's What You Can Still Do

Nearly half of Americans over 55 feel they haven't saved enough for retirement. If you've looked at your 401 (k) statement and felt that familiar knot in your stomach, this episode of Clearpath Retirement Radio is for you.Stewart Smith, LUTCF®, RICP®, and Mitch Davies walk through four real steps people in their 50s and early 60s can take right now to close the gap and still build a retirement worth looking forward to.In This Episode: → Catch-up contributions — how to sock away an extra $7,500 per year in your 401k after age 50 → Why delaying Social Security could be the most powerful move you make → Getting real on your expenses — the one-month notebook exercise that changes everything → Bridge work: how $1,500–$2,000/month in part-time income can dramatically reduce pressure on your savings → Market update: what a headline-driven market means for retirees right now → Why the anxiety doesn't go away until you have an actual planTimestamps: → 0:00 - Feeling Behind: You Are Not Alone → 3:46 - Tip 1: Catch-Up Contributions After Age 50 → 10:00 - Tip 2: Delaying Social Security → 15:00 - Tip 3: Trim the Budget and Get Real on Spending → 25:00 - Mitch's Market Minute: Volatility, Oil Prices, and Headline Markets → 31:28 - Recap: The Four Steps to Catching Up → 39:16 - Tip 4: Bridge Work and the Part-Time Income Strategy → 46:00 - Why Procrastination Is the Enemy of Retirement → 49:00 - When You Have a Plan, the Anxiety ClearsReady to stop wondering and start getting clear?ClearPath Retirement Planning helps retirees and pre-retirees in the Upstate SC and Columbia, SC areas build retirement income plans that actually work — no matter where you're starting from.Ready to stress-test your retirement plan?ClearPath Retirement Planning helps retirees and pre-retirees in the Upstate SC and Columbia areas create tax-efficient retirement income strategies. 📍 300 Executive Center Drive, Suite 104 | Greenville, SC 29615 📞 (864) 775-5033Schedule your complimentary consultation today at www.clearpathretirement.com Subscribe & Connect: YouTube: @ClearPathRetirementPlanning Facebook: https://www.facebook.com/ClearPathRetirement LinkedIn: https://www.linkedin.com/company/clearpathretirementImportant Disclosure:Investment advisory services offered through Alphastar Capital Management, LLC, a SEC-registered investment adviser. SEC registration does not constitute an endorsement of the firm by the SEC nor does it indicate that the adviser has attained a particular level of skill or ability. Fixed insurance products are offered through Clearpath Retirement Planning, LLC and Alphastar Capital Management is not involved in the offer, recommendation, sale or management of commission-based fixed Insurance products. Alphastar Capital Management and Clearpath Retirement Plannin...