Get Your Retirement Back on Course

Even the most diligent savers can encounter obstacles on the road to retirement, but the past few months have delivered unprecedented hazards. We’ll help you come up with a recovery plan.

illustration of golfers on course
(Image credit: Illustration by Federico Gastaldi)

Saving for retirement can be a challenge in the best of times. After a year like 2020, the task may seem almost insurmountable. Millions of people—including many older workers—were furloughed or downsized. Many families had to raid their savings to pay for health care. And even near-retirees who managed to avoid those hazards face years of record-low interest rates, which threaten to lower returns on the money they’ve worked so hard to save. Below, we help you get your retirement plan out of the rough and onto the fairway.

Problem: You lost your job, or your income was cut.

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Lisa Gerstner
Editor, Kiplinger Personal Finance magazine

Lisa has been the editor of Kiplinger Personal Finance since June 2023. Previously, she spent more than a decade reporting and writing for the magazine on a variety of topics, including credit, banking and retirement. She has shared her expertise as a guest on the Today Show, CNN, Fox, NPR, Cheddar and many other media outlets around the nation. Lisa graduated from Ball State University and received the school’s “Graduate of the Last Decade” award in 2014. A military spouse, she has moved around the U.S. and currently lives in the Philadelphia area with her husband and two sons.