If retirement is planned within the next few years, the market downturn starting in late 2007 has significantly reduced many retirement nest eggs. While the original retirement plans may still be possible, changes are likely needed given investment losses. Options to consider include boosting retirement contributions, delaying retirement to allow more time for savings to accumulate, reducing retirement expenses, and managing assets in a tax-efficient manner. A financial advisor can help develop strategies to work towards retirement goals with the current financial realities in mind.