Robert Powell: What's your biggest fear when it comes to retirement? Well, if you're like most people, you're afraid of running out of money. You fear not the reaper, but you fear not having enough income to support your desired standard of living throughout retirement. You fear having to eat cat food and being a bag lady. You fear being a burden on your family and your children. So, what might you do if this is your biggest fear about retirement? That's a topic we tackled in a recent article in Retirement Daily. Tip one, make a retirement plan. Ideally, you would do this well before retirement, but better late than never works too. And if you don't have the knowledge required, hire a financial planner to create a plan for you. Pre-retirees and retirees who have a plan are much more confident about enjoying retirement as planned if they have a plan. Tip two, if it looks like you might run out of money, explore some ways to fix what experts refer to as longevity risk. Spend less now so that you can save more now. Spend less during retirement. Maybe consider downsizing as a way to reduce your housing expenses. Look for ways to reduce your taxes both before and during retirement. You might have to move to a tax friendly state. Maybe consider working longer or working part time in retirement. Want to learn more about dealing with your fears about retirement? Check out TheStreet's retirement section and don't forget to subscribe to Retirement Daily, which features in depth articles about retirement written by some of the nation's top financial planners.