I’m 63, Have No Retirement Savings and Will Rely on Social Security. How Do I Begin Saving? Is It Too Late to Start Investing ‘This Late in the Game’?

I’m 63 and have zero retirement, just Social Security benefits. How can I begin saving? And where can I begin investing this late in the game?

-Rita

Saving for retirement is certainly easier and has a greater impact on you the earlier you begin, which you seem to understand. The longer you wait, the less time you have to put aside money. Additionally, the compounding effects from interest, dividends and growth have less time to work for you.

Regardless of how late you start, however, I don’t…