If you plan to have a high-quality retirement, you’ll need to take steps well in advance to prepare. Those should include investing and saving for retirement, making sure you don’t have a lot of debt, and keeping your expenses reasonable — all of which will help decrease the odds of you reaching retirement age without enough income to cover your monthly costs.
And given that people are living longer than ever now, your nest egg will have to last longer too: If you make it to 65, you’re very likely to live past 80 — perhaps by many years.