ENTER THE AARP SAVINGS CHALLENGE FOR WEEKLY CHANCES TO WIN — CLICK AND SEND YOUR SHORT VIDEOS (45 seconds of less) AND ESSAYS (250 words or less) to enter.  Full contest rules can be found here.

Are you worried about the shape of your savings? Around half of American households have no retirement accounts at all.

No 401(k)s, no IRAs, nothing. You might think that’s because we’re all expecting pension income in retirement. In fact, according to the Government Accountability Office (GAO), around 29% of households age 55 and older have neither retirement savings nor a pension. At when it comes to liquid savings to pay for life’s little emergencies, a 2018 survey by the Federal Reserve found four-in-ten cannot afford a $400 car repair without borrowing money.

Experts agree that investing between 10 and 15 percent of your salary each year in low fee investments will get you on a path to a comfortable retirement. They also agree that people need to have a least a few months of income saved to be accessed for an emergency like a health care bill or a loss of employment.

Does that sound daunting? Saving more for your income for retirement may be easier than you think.

Make 2019 your year for saving more. The AARP Savings Challenge provides simple, practical ways to save every day.  These are tips from real people that can add up to real savings.

And for you savers out there, the Challenge presents a chance to win!

Enter the AARP Savings Challenge Video and Essay Contest

Tell is in 45 seconds or less, or 250 words or less, what are you doing each day, week or month to save more for emergencies or your retirement. Enter the AARP Savings ChallengeSavings in Seconds” video and essay contest for your chance to win $100 weekly prizes or a grand prize of $500.

See the full Savings Challenge contest rules to enter.

Want to learn how policymakers can help us save more for the future? Sign up for AARP Action Alerts on proposals that can help you have a more secure retirement.

Other helpful savings resources from AARP.

AARP Foundation Finances 50+ covers the basics of finances, including goal setting, asset building, budget planning and debt repair.

AARP.org/moneyLet experts help make your money work harder for you.

AARP Fraud Watch NetworkKeep the money you have by protecting yourself from scammers and fraudsters with our helpful tips.

Social Security Benefits Calculator Determine the best age to start collecting Social Security

We want to hear from you. Enter the Savings in Seconds Savings Challenge to help others save more and for a chance to win. Video entries will be posted to this site.