retirement

6 steps to retirement

Retirement » 6 Steps To Retirement

6 steps to retirement
6 steps to retirement © wavebreakmedia/Shutterstock.com

Your retirement date is approaching, and you think you're ready. But have you thought through all the steps you need to take to reach your retirement destination?

When it comes to retirement planning, there are many things to consider. It may prove to be too much for you to handle, so your first step may be to get some help from a professional financial planner. After all, there are timing issues involved, and deadlines that must be met to avoid a penalty.

You need to rethink your asset allocation strategy, plan for medical expenses, and take your retirement distributions in a tax-savvy way so there's more for you and less for Uncle Sam. Last but not least, if you haven't done so, you need to get your financial affairs in order to prepare for any eventuality.

Read on to brush up on the important steps to take to achieve lasting security in retirement.

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