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.