No matter how old you are, talking about saving for retirement always brings these questions: How much will I need? Where should I invest my money? How can I make sure it lasts as long as I do?

Deep concerns about the stock market downdraft, however, have led to a more urgent question: Will I be able to retire in this lifetime?

It's completely legitimate. Pension plans are fading away—only about 20 percent to 30 percent of working Americans have one. Experts believe Social Security will survive, although the program may change. If you have money set aside for retirement, you've likely seen 30 percent or even 50 percent of it washed away.

What should you do? Here are ideas you can use at every age:
Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.


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