Are you ready for retirement? When was the last time you thought about retirement? For most of us, it’s probably an afterthought. I mean, what else should you be doing except for those automatic contributions you’ve been making to your 401 (k) or Roth IRA?
Well, definitely keep doing that—but you also need to consider everything from where you want to live to healthcare costs. That may sound overwhelming. However, addressing these issues will ensure that you’ll be ready for retirement. And, to get you there, you can begin today by taking these 5 steps.
1. Define Your Retirement Lifestyle
There’s a misconception that retirement entails living it up. Preferably in a warm climate where you relax by the pool, play golf, and go on Viking Cruises. That might be the goal for some. But, that’s not how everyone envisions their retirement….