How do I know if I'm ready to retire?

Key indicators: 25x annual expenses saved, healthcare plan in place (Medicare at 65, bridge insurance before), Social Security strategy decided, debt-free or manageable debt, and 1-2 years of expenses in cash for market downturns.

What should I do 5 years before retirement?

Maximize catch-up contributions, develop a withdrawal strategy, shift to more conservative investments, plan Social Security timing, understand Medicare enrollment, consolidate accounts, and create a detailed retirement budget.

How much should I have saved to retire at 65?

10-12x your pre-retirement salary, or 25x your annual expenses. If you spend $60,000/year, target $1.5 million minimum. Add a buffer for healthcare ($300,000+ for a couple over a retirement lifetime).

All Checklists

Retirement Preparation

Ensure a smooth transition from earning to spending your nest egg.

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About This Checklist

This free retirement preparation checklist ensures you haven't missed any critical steps: Social Security timing, Medicare enrollment, account consolidation, withdrawal strategy, tax planning, and healthcare coverage. Check off items as you complete them — no signup needed.

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