COUNTDOWN TO RETIREMENT
5 Years to Go
You are considering life in retirement. You want to enjoy your grandchildren. You are thinking about downsizing your home.
This is the time to fine-tune your retirement plan.
Consolidating your IRA and 401(k) accounts
Determine your retirement income strategy
Determine your Social Security income strategy
Re-evaluate permanent life insurance and legacy options
10 Years to Go
You may be considering buying a second home. Trying to plan how to take care of your aging parents with your family. How you are going to finance your child's wedding.
This is the time to determine when you want to retire and ensure you're on track to do so.
Consider a tax-deferred annuity
Explore long-term care insurance
Establish a legacy plan
Make 401(k) catch-up contributions
20 Years to Go
You may be entering your peak earning years. Looking to rejoin the workforce after having a family. Trying to save or pay for your children's education.
This is the time to develop a written retirement plan.
Pay off debts
Consider a Roth IRA conversion
Increase retirement savings and ensure adequate diversification
Increase funding of life insurance policies
Maximize 401(k) or IRA contributions
30 Years to Go
You may looking to advance your career, living on one income, moving into a larger home and starting a family.
This is the time to continue to grow your assets and think about tax-efficient diversification of financial products.
Increase 401(k) contributions
Make extra mortgage payments
Start a Roth IRA
Consider disability insurance
40 Years to Go
You just started your first job. You may be getting married and are looking to buy your first home with your significant other.
This is the time to establish a systematic saving and investment plan.
Start contributing to 401(k) and/or IRA
Pay down student loans
Purchase permanent life insurance
Create a retirement plan
For educational purposes only and should not be viewed as financial, tax, or legal advice applicable to
each individual; please consult a qualified advisor regarding your individual circumstances.