If you’re near retirement, now is likely a critical time of decision-making for your future. Retirement planning can be intimidating, but we’re here to help guide you through this transition to make it as seamless as possible.
What do you want out of retirement?
Make a list of goals and aspirations
Places you want to travel
People you want to see
Things you want to do
Define a Schedule (or don’t!)
Are you going to continue working?
Do you plan to pick up a hobby?
WHEN are you going to accomplish your retirement goals listed above?
What is going to fund your retirement?
Evaluate all current assets
Bank account, savings, investments, retirement funds, etc.
Collecting Social Security and /or Company Pension
Selling things you don’t need, buying a smaller home, etc.
Retirement Planning Budget
Make a list of all expenses
Do you have a safety net for emergencies?
How much money will it take to cover your above aspirations / hobbies?
Are there areas that you can cut back on or things you can save money on?
Make sure all of your ducks are in a row
Sign Up for Medicare Coverage
Are you aware of additional health coverage options?