You’re nearly there! You’re nearing the age when you can finally stop working and enjoy some well-earned rest. But there are a few more steps you should take before officially retiring, which will ensure greater financial stability and peace of mind in your later years.
In this article, we’ll dive into different tips for pre-retirement financial planning. Some of these will require research on your part, while others will involve taking stock of your finances and sources of income. It’s entirely possible to run out of money in retirement, a frightening situation we all want to avoid. Taking these steps and doing the necessary planning will help protect you from landing in this situation.
This post originally appeared at DUE.