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What To Do The Year Before You Retire

Perhaps you are set to retire next year. That’s fabulous. But it’s important to note that the year before entering retirement is critical, and there are some items things that you should probably consider. As indicated by writer Kelly LaVigne, among these are one – determine your healthcare coverage needs, two – expand your savings rate during your last year at work, three – assess your investment risk exposure, four – analyze your income needs in retirement, and five – build that bucket list and figure out how much it will cost to check off various items on that list.  None of this is especially simple.  

Anirban tells us why. 

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.