Here’s how much the average 60-year old American holds in retirement savings — how does your nest egg compare?

Research by the Federal Reserve shows that an astounding one in four Americans (including the 27% who consider themselves retired) have absolutely nothing saved.

And even if you have something tucked away, it may not be enough — though that is something you can change even late in the game.

A Vanguard study found those between 55 and 64 held an average of roughly $256,000. But this includes high income earners; breaking the figures down, it shrinks to a median of about $90,000.

It’s never too late to start putting cash aside — so here are four tips to secure your nest egg.

Protect your nest egg with a stable alternative

With the economy in such a volatile state amid high inflation and stock market uncertainty, your 401(k) or IRA — and your retirement itself — could be at risk.

A Gold IRA is a great alternative to protect and grow your nest egg. Unlike the U.S. dollar, which has lost 87% of its purchasing power since 1971, gold’s purchasing power remains stable over time*.

Goldco is an industry leader in precious metals, offering physical delivery of gold, silver and platinum, as well as retirement accounts like IRAs, 401Ks and TSPs. They have an A+ rating from the Better Business Bureau and are a three-time winner of Inc. 5000’s Best Gold Company award.

While inflation is increasing everyone’s expenses, precious metals won’t be affected — so a Gold IRA might be the best thing to preserve your retirement*.

Diversify your portfolio

By mixing up your portfolio with a variety of assets, you have a better chance of balancing risk and reward and securing your nest egg.

There are lots of options out there for portfolio diversification, and commercial real estate is one of them.

First National Realty Partners (FNRP)* — a private equity firm — makes commercial real estate accessible to accredited everyday investors through its online platform.

Because FNRP is anchored in essentials, their assets remain steady during times of economic volatility and give you a chance to create a stable nest egg to support your retirement.

All you have to do to get started is fill in some information about yourself, your income and investment goals and you can start growing your wealth*.

Read more: Unlocking financial prosperity: Jeff Bezos shares the path to prime earnings through hassle-free real estate investment — don’t miss out on this opportunity to revolutionize your financial future

Make sure your loved ones are protected

No one ever feels ready to start thinking about life insurance. But the truth is, the younger you are when you purchase a policy, the lower your premiums will be. Life insurance can be used by your loved ones to cover outstanding debts, cover unexpected expenses and pay for funeral costs.

Consider opting for life insurance with SBLI, where you can protect your family’s financial future with professional advice*, a simple online claims process and no medical exams required for term insurance.

SBLI gives you access to LegacyShield, a streamlined dashboard where you can manage all your financial accounts, store documents and share final wishes, all in one convenient place for you and your dependants.

Talk to a professional about your financial situation

If you’re worried about your nest egg, finding a trusted financial advisor who knows your retirement goals inside and out can give you peace of mind.

There are free online services* that are designed to match you with experienced professionals based on your unique needs.

Advisor.com*, for example, can pair you up with a pre-screened advisor to match your financial needs.

You don’t have to navigate your retirement savings alone, and you definitely don’t have to do it without a vetted financial advisor at your side*.

Once you’re matched, consult for free with no obligation.

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