Bump Up Your Contributions

Here is how to get your retirement plan back on track in 2009

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Face it. Without a traditional pension, the only paths to a secure retirement are to save more, cut expenses, or both. That's not easy to do when immediate expenses are demanding a portion of your paycheck before it even clears the bank. If you do manage to get a raise next year, consider diverting it to your retirement account. Says Jonathan Pond, a financial planner and author of You Can Do It! The Boomer's Guide to a Great Retirement,: "The only sure way to create wealth is to save regularly and to regularly increase the amount of money you're saving, or live beneath your means."

More New Year's resolutions for retirement:

Delay retirement

Put off claiming Social Security

Get your 401(k) match

Avoid early withdrawals

Scrutinize 401(k) fees

Determine your risk tolerance

Rebalance your portfolio

Evaluate your target-date fund

Pay off your mortgage

Get a pension

Downsize

More money-related New Year’s resolutions