Oct 20, 2017
Learn what you can do right now to prepare for retirement and
what to look for and check if you are already retired.
Main Questions Asked:
- What do I need to start doing years before I retire?
- What do I need to double check before and while I am
Key Lessons Learned:
Pre-Retirement Plan Checklist.
- Look into long-term care and decide if it is right for you.
This can be done a few years before retirement.
- Write down your bucket list or wishlist.
- Evaluate your living situation. Should you move or stay where
- Retirement budget. This may work for you.
- Do a social security analysis with a financial
- Learn about enrolling in medicare.
- Having a financial game plan. Saving is a great start, but what
do you do with the money. The plan is about more than just
investments it’s all of the income and assets working
- Having a plan for health care and long-term care. Health issues
can turn someone’s life into a disaster. The expenses need to be
built into the plan. Protect assets or insure against these
- Social security is an important component of retirement. When
you claim your benefit it could affect how much you receive and
your tax liability.
- Be sure that you are planning for taxes adequately. Taxes are
one of the most overlooked items in investing. You have more
control over your taxes while retired than any other time.
- How you are going to treat your IRA and 401k savings
- Be sure that you have a diversified income plan. This is
different places to pull your income from. You can invest
differently and diversify your tax liability and make your money
Links To Resources Mentioned
Money Map Retirement Review
Complete Your Pre-Retirement Checklist
Thank you for listening!