A 57-year-old reader seeks advice on retirement planning, with $8,000 in 401(k), $17,000 in Roth IRA, and $85,000 in a high-interest savings account. Planning to work until 70, aiming for at least $3,500 a month in retirement. Considering robo-adviser for investments.

With $110,000 saved, intending to wait until 70 to claim Social Security, and aiming to continue working. Potential to accumulate $545,000 in retirement savings over 13 years, meeting $3,500 monthly goal. Advised to consider dollar-cost averaging for investments and aim for a 7% return.

Projected retirement fund could reach $800,000 by mid-90s with a 4% withdrawal rate, ensuring financial security.

Read more at Yahoo Finance: I’m 57 and have $8K in my 401(k) and $17K in my IRA. Have I left it too late?