5 Financial Steps You Should Take Before You Retire
By: Chuck Saletta - January 17, 2017
You've worked hard for your money throughout your career, and once you retire, it'll be time for your money to start taking care of you.
But before you call it quits, set aside some time to take these five financial steps. They'll help you make the transition from employee to retiree and set you on the path to a financially successful retirement
It's important to know how much you're going to get each month from Social Security, and with a "My Social Security" account (available here) or a paper copy of your statement, you can get a great estimate of that number. Your specific benefit will be based on your (or your spouse's) earnings history and the age at which you start collecting.
** Disclaimer Required by IRS Circular 230** Unless otherwise expressly approved in advance by the undersigned, any discussion of federal tax matters herein is not intended and cannot be used 1) to avoid penalties under the Federal tax laws, or 2) to promote, market or recommend to another party any transaction or tax-related matter addressed.