Quick tips: Pay off your high-interest credit card debt. Pay down your mortgage. Catch up your 401(k) contributions.
Get rid of your credit card debt -- and avoid accumulating new debt, MetLife's Holmes said.
Try to have all of it paid off before you retire. Also, call your creditors and ask for a lower credit-card rate.
Move toward paying off your home by retirement, he said.
Play catch up if your 401(k) contributions are lagging. The Internal Revenue Service lets you save more than the regular contribution to your employer-sponsored plan now that you've reached 50.
Make sure your retirement portfolio has a mix of about 60/40, equities to fixed-income products such as bonds, said Kelly Campbell, a certified financial planner who is founder of Campbell Wealth Management in Fairfax.
Rebalance your investment portfolio annually.
Curb your spending. "If you choose to spend more and enjoy a higher lifestyle, obviously it's going to be harder to set money aside," Harris said.
Don't raid your retirement plan when you need money, Harris said.
"You won't have enough to retire on. The odds are extremely high that you will never put any of that money back."
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