Haven't Saved Enough For Retirement? Some Advice

Michael Kitces sees it regularly in his financial planning practice: clients who are close to retirement but havenâ??t saved. â??They fall into two groups â?? either they donâ??t focus on it, or they are despondent,â? says Mr. Kitces, director of wealth management for Maryland-based Pinnacle Advisory Group and publisher of the popular Nerdâ??s Eye View blog, which focuses on financial planning. â??They think their retirement is doomed â?? itâ??s a real lose-lose scenario.â?