To Do List
What Should I Do If I'm Close to Retirement?
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Here's a quick list of items you should make sure to address when dealing with your question or concern.
Do some calculations to figure out your expenses in retirement and estimate how much you'll need to live on. If you don't want to deal with the math yourself, look for an online calculator or hire a reputable financial planner (many fee-based planners are available for a one-time consultation).
Use our
Retirement Tool
to estimate how much money your portfolio should provide during retirement. Balance this figure against your projected needs.
Keep track of your spending for a month. Even if you don't stick to a strict budget, you should know where your money is going so you can try to find easy places to cut back.
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