Literally Anyone Can Do This With Their Retirement After 50

You may have heard that the sooner you get started with retirement saving, the better. While you might not have quite as much of a time advantage if you're 50 or older, you do have one thing that younger investors don't -- the ability to save more in your retirement accounts. Virtually every type of tax-advantaged retirement account has a provision that allows older savers to set aside more money than the general investing population, and these are known as catch-up contributions.