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8 money moves to make before retirement

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If grades were given to Americans saving for retirement, many would get an F.

A little more than half of households are at risk of being unable to maintain their preretirement lifestyle in retirement because they aren't setting enough money aside, according to reports from the Center for Retirement Research at Boston College. And a separate GAO analysis released this year found that among households with members age 55 or older, nearly 29 percent have no retirement savings or pension plan.

While catching up financially at that stage is a difficult task, there are several strategies financial advisors suggest undertaking to make sure your golden years are as stress free as possible. Here are eight smart money moves to make now to ensure you can enjoy retirement later.

By Lucy Maher, special to CNBC.com
Posted 16 Oct. 2015

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