Retirement Yikes! Water! Water! My hair’s on fire! Oh, it’s not my hair! It’s my bank account! I have completely smoked it! I inadvertently incinerated it during these last 30+ years of career building. If it’s any consolation, you have loads of company in your current miserable dilemma. Alana Semuels, in a February 22, 2018 The Atlantic article, That is What Life Without Retirement Savings Looks Like, states that”… the median savings in a 401(k) plan for people between the ages of 55 and 64 is currently only $15,000, according to the National Institute on Retirement Security, a nonprofit. Other employees didn’t have access to a retirement plan through their employer. They are going from being near poor to poor.” It is a sobering reality to learn that, according to a January 13, 2017 report of The Social Security Administration, 21 percent of married couples and 43 percent of single seniors rely on Social Security for 90 percent or more of their income. According to some 2015 Gallup poll, 36 percent of near-retirees say they expect Social Security to be a significant source of income once they retire. Why and how are too many Boomers finding themselves in this essential crossroads of many decades ahead with little if any financial resources? Did you don’t establish a sound financial retirement plan early on in life? Are you busy setting your career and accomplishing your job objectives? Did raising a family, college expenses, parental sickness, a divorce, or some natural disaster sabotage your long-term fiscal plans? That was then; this is now. Your current reality presents a sober wakeup call as to what to do now. Take heart. Breathe. And let’s look at options. First, turn to an expert to assess your current real assets. There are many free services provided to senior citizens designed to help seniors get control of their financial affairs. Such topics as”Get Help Choosing a Financial Advisor,””Free Tax Preparation,” and”Money Management Resources,” – are intended to assist you determine the reality of your present financial status. Another invaluable source for Boomers and seniors would be the Federal government. A Google search,”Government Services for Seniors” yields a gold mine of websites where seniors can retrieve concrete advice, in addition to material goods and services. To a great extent, Boomers are unaware of the existence of these resources or are reluctant to take advantage of them. Ironically, it’s we, the people, who have, through taxation, generously contributed to the development and availability of what the government is now able to provide. Now’s the time to dip into this abundant trough of resources which you, in fact, helped build! Now that you understand, Dorothy, that”you are not in Kansas anymore,” you will need to decide which path of the yellow brick road to follow to best meet your current financial needs. How and where can you conserve by making small changes in your present lifestyle? How and where can you place your current limited assets to operate more efficiently? How and where can you augment your current income by work, either full or part time, either on your own or someone else, either doing what you did before, or in some brand new venture. Through clever saving, corrected lifestyle, and innovative work strategies, you can and will survive, possibly thrive, in retirement, despite limited retirement income and savings.