Countdown to Retirement

Introduction

You've finally made it—six months before retirement. This is a critical period. You'll need to take care of last-minute details to ensure a smooth transition into retirement. You should develop a retirement budget (see the section Discovering Your Retirement Lifestyle) and reevaluate your life insurance coverage (see the section Bridging the Retirement Insurance Gap).

If you are leaving a company, it is the best time to make sure you have all of the information and paperwork in place so that you can start receiving company retirement benefits.

If you plan ahead, you can start receiving Social Security and Medicare Benefits in the month that you retire. Review your investments and taxes and make adjustments to reflect your new situation. And if you decide to move, there are some things to look into to evaluate the financial impact your move could have.

Share Article:
Add to GooglePlus

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Heartland Bank and Heartland Planning Associates are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Heartland Planning Associates, and may also be employees of Heartland Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Heartland Bank and Heartland Planning Associates.  Securities and insurance offered through LPL or its affiliates are:

Not Insured by FDIC or Any Other
Government Agency
Not Bank
Guaranteed
Not Bank Deposits or
Obligations
May Lose
Value

 

The LPL Financial registered representatives associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

BrokerCheck