Getting ready to retire

Planning for retirement can begin 10 years (or more) before you actually retire. That can give you ample time to pay down debts, increase savings, and set yourself up for retirement success.

When to retire 

Retirement can last decades. It's important to understand your spending, your sources of income, when to claim Social Security, and how many years your savings may last.

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How to retire 

Make sure your savings are on target as you get closer to retirement. It's a good time to begin thinking about where your income will come from once you've left your job.

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Where to retire 

Think about the lifestyle you want in retirement, along with access to friends, family, and quality health care. Downsizing in your current location may be an option or moving someplace new could help start your next chapter.

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