16 Retirement Hail Mary Passes When Time is Running Out

Summary

This report discusses "retirement Hail Mary passes," strategies for when time is running out to secure retirement funds, especially after a significant financial setback like the 2008 recession. The core takeaway is that when normal investment compounding isn't an option, individuals turn to drastic measures like reducing living expenses or finding ways to increase income. These "Hail Mary" passes become necessary to avoid working until death when retirement funds have been severely impacted.