Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

11 of 21
BACK NEXT
11. Work a few more years
Work longer? Yeah, not so much fun. But adding even a year to your working life can go a long way toward closing any retirement gap you face.

You won't be depleting your savings, and you can use the additional income to replenish your beaten-up portfolio. And since you are, you know, mortal, you'll have fewer nonworking years to worry about funding.

Then there's Social Security. According to T. Rowe Price, your annual Social Security income is likely to increase by about 8% each year you wait to collect.

NEXT: Withhold your inflation raise

Last updated August 16 2008: 4:37 PM ET
More Galleries
5 great day trips from Sydney Standout escapes just a short journey from Australia's largest city. More
New cameras go weird, wearable - even old school Meet the new crop of digital cameras, an eclectic group each with a very particular set of skills. More
Exploring 10 great cities for business in Asia From Shanghai to Tokyo, Mumbai to Hong Kong, here's how to make the most of the days between the deadlines. More

Special Offer