Second, if you believe that this downturn is the start of a long run of weak returns, the only way to reach your intended goals is to boost your savings. The extra belt-tightening isn't so onerous (see the example at right).
And at age 60, you'll feel a lot smarter than if the only alternative you've left yourself is to keep working. You can get an idea of how much extra you need to save using our Savings Calculator.
NEXT: Finally, think about something besides money