Aircraft mechanic Jere Herr of Indianapolis prepares to go to work while seated in his recreational vehicle, parked in a lot at the Los Angeles International Airport. He lives by the airport to save money for the future. One-third of Americans will have to rely on Social Security benefits — not pensions — in their retirement years. Kevork Djansezian/Getty Images hide caption

toggle caption Kevork Djansezian/Getty Images

At MIT's Sloan School of Management, students participate in a simulated stock market last July. Investing in stocks when prices are cheap can lead to long-term gains that ultimately bolster one's nest egg. It's a premise many young people understand, but the turmoil of the Great Recession kept some on the sidelines. Brian Snyder/Reuters/Corbis hide caption

toggle caption Brian Snyder/Reuters/Corbis

Retired members of the United Auto Workers (UAW) listen to details of their retirement accounts while they attend a monthly benefits meeting in Detroit in 2008. Investment experts say people make the mistake of not adjusting the balance of stocks and bonds in their portfolios after making their initial investment. Spencer Platt/Getty Images hide caption

toggle caption Spencer Platt/Getty Images

NPR thanks our sponsors

Become an NPR sponsor