WHAT NEEDS TO BE DONE BEFORE RETIRING?

As you prepare for retirement, there are a number of things that you need to consider.

The following checklist will help you:

1. Sit down with your spouse or loved ones to think about the future. Use the Retirement Dreamcasting Worksheet to guide your thoughts.

2. Estimate your expenses in retirement using this Retirement Budget Worksheet.

3. Review your income sources, including guaranteed benefits and Social Security. Evaluate your retirement savings and determine whether additional savings are necessary.

4. Review your healthcare coverage options and note important Medicare and

insurance deadlines.

5. Review legal documents like wills, trusts, medical directives, beneficiaries, and powers of attorney.

6. Contact your plan sponsor to request information about your retirement requirements, distribution options, and necessary documents.

7. Speak to a qualified financial professional who specializes in working with clients like you and can help you make the most of your options.

How can a financial professional help me?

Regardless of what your dream retirement looks like, prudent financial preparation can help you achieve it by helping you build retirement strategies to maximize your income while managing risk. A financial professional can help you understand your current financial circumstances and develop strategies to take you toward your future goals. We believe strongly in the value of experienced guidance and objective advice when navigating the transition to retirement.

Many Americans have complex financial situations and it’s very common to have questions and concerns about meeting your obligations in retirement. As financial professionals, we have helped hundreds of clients follow their dreams into a more comfortable retirement.

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