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People in this stage are usually in their 60s. They have their eye on benefits such as Medicare and Social Security along with other potential sources of income. People can start to become anxious as they know retirement will bring some big change in their lives.
In order to have a smooth transition to retirement, there are certain questions you need to find answers to. You want to be confident that you are ready. It is almost time for the next phase in life! Here are some questions you should be asking yourself:
I need to make sure I have adequate income for the rest of my life. Can I afford to retire?
How do I know that I will not run out of money?
When should I start drawing my Social Security?