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CBSMoneyWatch: 6 Steps to Get Your Retirement on Track in 2013

6. Nurture Your Network

The most obvious benefit of having a range of friends and relatives is that you're more likely to enjoy life in your later years. But you'll also have a social safety net that can help when you're ill or otherwise need help. With my recent surgery, I can testify personally that having many people willing to pitch in can help greatly with recovery from major illnesses.

And if you really run with this idea, you might even consider living with friends or relatives when you're older, which will significantly reduce your living expenses and address the issue of loneliness, another significant retirement risk.

How do you nurture your network? There are lots of simple ways. Reach out and call a friend or relative for the New Year, or invite them over for dinner or coffee.


More From MoneyWatch:
The 10 Best Places to Retire
10 Cheapest Places to Live in the U.S.
How to Choose a Financial Advisor: 10 Questions

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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