|To-do||Questions to ask||Action plan|
|Build your retirement income strategy||Will my Social Security, pensions, and other guaranteed income sources cover my essential expenses in retirement and enable me to maintain my current lifestyle?
What discretionary expenses do I plan to have?
How much can I afford to withdraw from my retirement savings accounts each month?
|Know where money is coming in, and where it's going out
Read Smart retirement income strategies
Visit the Planning and Guidance Center to start building your retirement income plan
|Take full inventory of your benefits||Do I have any nonqualified deferred compensation, stock options, or other benefits that I need to tap into as I retire?||Check with your HR/Benefits office to make a list of all your benefits
Find out how to maximize all your employer has to offer
Read the 3-part series on non-qualified deferred compensation
|Know your health care coverage options||What health care coverage options will be available to me if I retire younger than age 65—or when I enroll in Medicare at 65?
Does my employer offer a health savings account (HSA) and can it work for me?
|Read How to plan for rising health care costs
Read 6 key Medicare questions
Read 3 healthy habits for HSAs
|Review your insurance coverage||Have I done a periodic review of my life insurance, disability, and long-term care insurance policies?||Consider long-term care insurance for financial support|
|Determine if you need a bridge strategy||How will I bridge any gaps in income and health care coverage between my retirement date and claiming Social Security and enrolling in Medicare?
||Read Your bridge to Medicare|
|Address any concerns about running out of money later in retirement||Do I find the idea of guaranteed lifetime income appealing?
||Read how to create retirement income with deferred income annuities|
|Develop a real estate strategy||Do I want to downsize or relocate in retirement?||Read 4 questions to ask before you pay off your mortgage|