Planning to Retire in 2024? Take These Steps Before You Leave Your Job.
Summary
If you're gearing up for retirement in 2024, taking proactive steps is crucial to ensure a smooth transition. A recent article on Fool.com offers valuable advice to help you prepare. First, assess your financial situation by reviewing your retirement accounts, estimating expenses, and creating a budget. Maximize your savings by contributing to retirement accounts and taking advantage of catch-up contributions if you're 50 or older. Additionally, consider health insurance options and explore Medicare coverage. Review your estate plan, update beneficiaries, and create or revise your will. Lastly, seek guidance from a financial advisor to fine-tune your retirement strategy and secure a worry-free retirement in the coming year.
The Motley Fool
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