need tons of advice on getting started. late.

hello. I sit around the work place each day and listen to fellow coworkers all planning out their retirement years and i’m lost. not only am I uneducated in that area, but i’m also off to a very very late start. I’m in my 40s, and have very very little put away for my retirement. I’m an electrician who joined a union within last 5years, so I’ve that annuity building but starting so late has me worried also just in the last 3years my wife had fought breast cancer and gotten through all treatments. that left a tremendous dent in any funds we had put away, and we’re currently in the process of getting back on our feet financially. 4 teenagers don’t help either. so that being said, I’ve heard to gather an IRA, as well as optional 401K (no %match) through our hall. problem being I don’t know where to start, or how much/little I can put forward since as mentioned we’re still week to week for a couple more months at minimum. am I hopeless and gonna work until the day I drop or is there some form of hope for a late starter like myself?

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