- In This Article
- Overview
- Take control where you can
- Planning ahead
- How much to withdraw when funds decline
- How much will you get from Social Security?
- Where to stash your cash cushion
- Retirees
- Keeping the nest intact
- What you can do
- Pre-retired
- Work longer, keep saving
- What you can do
- Younger workers
- Follow the rules, keep the faith
- What you can do
- View all product nest egg
Follow the rules, keep the faith
Photograph by Richard Morgenstein
Berlyann Paz of San Ramon, Calif., had a goal to save $1 million for retirement. "I don't think that's going to happen any more," she says. But Paz, a 35-year-old human-resources manager, probably has a good chance of exceeding her goal, given her saving habits and her remaining years of work before she retires. She and her husband, Wayne, 34, who works in the wireless industry, have 401(k) plans and IRAs from current and former jobs, as well as college savings funds for their daughters, Isabella, 4, and Makena, 6 months.
But Paz recognizes that the landscape has changed. The couple is cutting back on expenses such as gifts and cable-TV services, and sitting tight on listless investments. "We're going to have to work harder for much longer," she says.
