Retirement Planning By Age Series

Add in the pressure of covering your daily living expenses, paying off student loan debt and starting a family, and the planning to accomplish this can be easy to postpone.

However, making smart, strategic choices early in your career can help ensure you have the resources you need to live comfortably after you leave the daily grind behind. If you don’t take the time to plan now, you might find yourself playing catch-up.

Ensuring you have a sizeable nest egg to generate enough retirement income is crucial, but there are other factors to consider that may affect your plans.

Putting these pieces in place in your 40s will help you set yourself up for the life you want in retirement while ensuring your family is taken care of. Take these seven steps to stay on the right track with your financial plan leading up to retirement age.

What you do during this decade can make or break your ability to retire as planned. Taking the right actions now will help ensure you have the retirement income you need to live comfortably when you leave your job behind.  

These eight steps will help you evaluate your nest egg, get your finances in order as you approach and plan for retirement. 

This is your last chance to boost your nest egg and ensure it will generate enough income to support the lifestyle you want to maintain in retirement. 

It’s also the time to finish paying off debt, prepare for social security and make a plan for life after retirement.

These 10 steps will help you prepare financially and emotionally for the big day while making the most of your final working years.