I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 3 of the easiest ways you can catch up (and fast)

Pay off your debts

Before you start putting some funds aside, make sure you’ve either settled or have a plan for settling all your debts.

This could include credit card debt, the mortgage on your house or the remaining balance on your student loan.

If you’ve got multiple lines of credit to take care of, look into your options and start reducing your debt load. You could try negotiating with your lender or consider a debt consolidation plan that keeps you on track and with a lower interest rate.

Credible is an online marketplace of vetted lenders where you can shop around for debt consolidation loans to make the task of cutting down your debt manageable.

After answering a few simple questions about your finances, Credible will provide you with a list of loan rates from top lenders within minutes. You can decide which works best for you and compare loans all in one place.

Meet Your Retirement Goals Effortlessly

The road to retirement may seem long, but with WiserAdvisor, you can find a trusted partner to guide you every step of the way

WiserAdvisor matches you with vetted financial advisors that offer personalized advice to help you to make the right choices, invest wisely, and secure the retirement you've always dreamed of. Start planning early, and get your retirement mapped out today.

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Get tailor-made financial advice

Planning for your retirement is no small feat, which is why having an expert’s guidance is essential if you want to catch up on your savings.

Oftentimes financial advice comes with its own baggage — whether it be high fees or lack of expertise in certain areas. But with WiserAdvisor, you won’t have this problem.

WiserAdvisor is a free matching service that helps you find a financial adviser that can help you reach your financial goals by matching you with a pre-screened financial adviser from their database of thousands.

All it takes is a few minutes to answer some questions about yourself and WiserAdvisor will provide you with a personalized match of two to three adviser.

While most adviser matching services pair you purely based on your net worth and location, WiserAdvisor opts for a more personalized approach by having you describe your unique needs that a financial adviser can help with so you’re sure to find just what you need.

Find alternative sources of income

Instead of just stashing a bit of money from your paycheck into your savings account, consider investing it instead.

Commercial real estate is recognized for adding stability to your investment portfolio. But historically, this asset class has been reserved for elite investors.

Now, First National Realty Partners (FNRP) has changed this.

FNRP is a private equity firm whose platform allows everyday investors to have access to institutional-quality, grocery-anchored commercial real estate investments without the leg work of finding deals yourself.

With FNRP you own a share of properties leased by national brands and their team of experts manage every component of the investment life cycle.

Because these investments are grocery-anchored, they never go out of style even when the economy is volatile. So you can save for your future without having to worry about the health of your investments.

All you have to do to get started is fill in some information about yourself, your income and investment goals and you can start earning extra cash for your retirement fund.