5 Things You Must Do Before Reaching Retirement Age

Make Sure You Have The Investments To Retire

The first thing you should do is calculate how much your expected stable income will bring. This included 401ks, pensions, Social Security, returns on investments, and annuities.  Be careful of Social Security, as taking money out too early can put a dent in your funds later in life. Make sure you are educated in how Social Security works and the effects of when to take out funds for maximum benefits. Further, be sure you are planning accordingly with your savings account. As a rule of thumb, do not take out more than 3-4% from your nest egg at once.