(WTNH) – Statistics show that 1 in 3 Americans have no retirement savings. Michael Lehrhaupt CEO of Strategies for Retirement shares what steps you should be taking to prepare your retirement savings.

Lehrhaupt describes 2 types of “buckets” to put money into. One is a safer bucket which is fully protected from a market crash. The other bucket is a bit riskier and aggressive. “The strategy really is that the older you get, the more you  want to start  shifting some money into the safe bucket to protect it, and in the risk bucket keep only what you can afford to play with in the market,” said Lehrhaupt.

For more information about more strategies and seminars, head to www.safemoneyrs.com