At work, they had multiple presentations throughout the day on retirement and I took a couple of notes.
– The closer to retirement. You reach the more conservative your investment.
– Consider all your financial portfolio. An emergency fund should be 3 to 6 months. You will want to determine living expenses for six months to see how much needs to be set aside.
– Provide beneficiaries in your documentation.
– Long-term care should be arranged between 55 and 60 years old. Long-term care is purchased outside the company. You may want to check your employer to see if they provide a discount.
– Supplemental insurance is insurance coverage you purchase to supplement Medicare.
– Maximize your 401(k) contribution to have a bigger nest egg.
– If your job offers access to a lawyer program for monthly fee, try it for a year. It might be worth hiring one to do a will and trust more economic cost that would hire them separately.

Have something to add to the list? Please do so in the comment section of this blog.