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Retirement Checklist

Preparing for a smooth transition

Making sure you’re ready for retirement usually starts with a plan.

If you’re nearing the end of your career, it can be important to make key decisions in a timely manner. That way, when the big day comes, you can begin this new phase of your life with peace of mind and confidence.

Consider these steps as you near retirement.

Eighteen Months Before Retirement

Meet with a financial professional to review your investments and debt. Are your current investments consistent with your risk tolerance? Are there ways you can reduce and pay off debt? Are you maximizing your savings?

Twelve Months Before Retirement

Think about your retirement budget and what your needs will be. Will you continue to work? Are you planning to move? What types of activities could affect your expenses? What does a realistic picture of your life in retirement look like?

Also, take a look at your Social Security options. The amount you receive monthly will depend on your age when you begin receiving the benefit. You can visit to determine your benefit amount.

Six Months Before Retirement

Your human resources administrator can provide information on benefits your company may offer retirees and which you’ll need to pay for. Resources like can also provide an abundance of free information.

If you haven’t done so already, this can be a good time to review (and make available to your family) your will, beneficiary information and health care directives.

Three Months Before Retirement

If you’re within three months of turning 65, you are able to sign up for Medicare. Visit for more information before signing up. Also, the fun part of retirement is having a lot of free time. While you don’t need to schedule every spare moment, it can help to have some activities planned. Look into hobbies, volunteer opportunities and travel destinations that you’ve always dreamed about.

It’s never too early, or too late, to prepare for retirement. For those nearing retirement, making a checklist and diligently completing each task will help ensure a smooth transition.

For informational purposes only. It is not intended to provide any legal or financial advice. Consult with your advisor regarding your particular set of facts and circumstances.