The Economic Times

Why the last 5 years before retirement can make or break your future, and what to do now

The five years before retirement are critical for Americans. Nearly half worry their savings wont last. Boosting contributions, cutting expenses, or adding side income can make a huge difference. Shifting to lower-risk investments and adding inflation-protected assets like gold shields your nest egg. Budgeting and tracking income ensures you know exactly what youll have from Social Security, pensions, and savings. Passive income from real estate can supplement your retirement.