So Standard & Poor’s has downgraded U.S. Treasury debt and Washington is a fiscal and political mess. What does that mean for your retirement? Nothing good, for sure. But you can limit the damage with a calm, yet realistic approach. Here are 10 steps that should help protect your retirement.

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The average baby boomer worked 10 jobs by his or her 42nd birthday, according to a 2008 Bureau of Labor Statistics survey. Younger people change jobs even more frequently — as often as every one or two years when they are fresh out of college.

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Do you know much money you need for retirement? If you’re like most people, you probably don’t. According to the Transamerica Center for Retirement Studies, most of us just guess how much money we’ll need once we stop working. Only 1 in 10 people does any sort of calculation at all.

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Retirement savers need to figure out how much money they need to accumulate and make sure that money lasts at least as long as they do. But first you need to answer another question. How much will you spend each year once you are retired?
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