1. Stay active and engaged! Retirement is not the time to sit around. Staying active mentally and physically will help you stay healthy and happy in retirement.

2. Plan your finances carefully! Make sure you have enough money saved up to cover your costs in retirement. Seek professional financial advice if needed.

3. Stay connected with friends and family! Retirement can be a lonely time if you lose touch with loved ones. Stay connected via phone, social media, or in-person.

4. Consider part-time work or volunteer opportunities! Pursue other interests or find work that keeps you engaged and active. Help others.

For those looking for additional retirement advice, there are a number of resources available online and in print. Whatever your needs may be, there is sure to be helpful information out there to ensure a happy and fulfilling retirement experience.

What should a person do before they retire?

First and foremost, it’s important to have a clear understanding of your finances. This means knowing how much money you have saved, as well as what your monthly expenses are. Once that is done, think about what you are going to do in retirement day-to-day. It’s fine to plan on golf or reading, but you need to have a plan for the long-term, even if you change the plan later!

How much do I need for retirement?

When it comes to retirement planning, there is no one-size-fits-all answer. The amount of money you will need to retire comfortably will depend on a number of factors, including your lifestyle, health, and life expectancy.

Nonetheless, there are some general guidelines that can help you get started. Financial experts generally recommend that you plan to have enough money to cover at least three to five years of living expenses. This will help ensure that you have a cushion in case of unexpected costs or a drop in income. In addition, it's important to factor in inflation when planning for retirement. The cost of living is likely to increase over the years, so you'll need to make sure your retirement savings can keep pace. By taking the unexpected into account, you can develop a retirement plan that meets your unique needs and gives you peace of mind.

When should I start saving for retirement?

Now!

It doesn’t matter how you got here. It matters what you do from now going forward. Forget about what you didn’t save in the past; look to the future.

Sure, the best time to start saving for retirement is when you feel financially ready and able to do so. However, it is also important to accept that there is no "normal" retirement age, and regardless of when you begin saving, keeping up with regular contributions will always help improve your financial security down the road.

If you are looking for advice on how to manage your finances, contact us today.