I’m 36, recently divorced, and starting from zero financially — do I still have a shot at retirement?

It's a common fear, but the numbers suggest Ryan is far from alone.

According to the most recent data (1) from the Federal Reserve's Survey of Consumer Finances, the median retirement savings for Americans ages 35 to 44 is just $45,000. That is far less than most people assume their peers have tucked away. Worse yet, nearly four in 10 non-retirees (2) had zero tax-preferred retirement savings.

The good news? At 36, Ryan still has time on his side. With nearly three decades to go before the traditional retirement age of 65, compound growth can still do the heavy lifting.

If you are starting over from scratch, here are some ways to rebuild your wealth.

Lock in an emergency fund first

Before you worry about maximizing your 401(k) or IRA, you need foundational stability. An emergency fund is your financial shield against inevitable curveballs.

A 2025 Federal Reserve report (3) exposed a stark reality: more than a third of U.S. adults would struggle to cover a sudden $400 expense with cash. Without a cash cushion, you risk relying on high-interest credit cards or raiding your investments when life throws a surprise your way.

As a general rule of thumb, financial planners recommend saving three to six months of essential expenses in an emergency fund. If that feels impossible right now, aim smaller. Secure your first $1,000.

That milestone alone creates immediate breathing room and psychological momentum.

Put your retirement on autopilot

Once your emergency fund is stable, your next move is to remove human emotion from investing. Automation is the single most effective wealth-building tool available.

Industry data (4) shows that workers enrolled automatically in workplace retirement plans save at dramatically higher rates than those who have to opt in manually. If you don't see the money hit your checking account, you won't miss it.

Because starting at 36 means missing roughly a decade of early compound growth, the standard "save 15% of your income" rule might not cut it. To catch up, Ryan should aim closer to 20% over time.

Don't panic if you can't hit that today. Start where you can:

• On a $60,000 salary: Aim for $500 to $750 a month.
• On an $80,000 salary: Aim for $670 to $1,000 monthly.
• On a $100,000 salary: Aim for $830 to $1,250 per month.

For Ryan — and others in a similar situation — small annual increases can make a meaningful difference over nearly three decades of investing.

Try the "1% trick"

You don't need to completely slash your lifestyle overnight. A smarter, more sustainable approach is to increase your savings contribution by just 1% each year.

Whenever you get a raise, a promotion, or pocket some side-hustle cash, immediately route that extra money into your investments before you have a chance to spend it.

Consistency over decades matters infinitely more than trying to perfectly time the stock market. Look at Fidelity's latest retirement data (5): average 401(k) balances rise sharply from about $73,200 for savers in their 30s to nearly $251,400 for those in their 60s. That growth isn't luck — it's the power of steady compounding.

Aggressively boost your earning power

Cutting back on lattes and avocado toast will only get you so far. To truly fast-track a post-divorce recovery, you need to be proactive with your income.

Use this transition phase to pursue new professional certifications, negotiate a higher salary, freelance, or pivot into a higher-paying industry.

Even a modest income boost of a few hundred dollars a month — if directed straight into your portfolio — can translate to tens of thousands of additional dollars by retirement.