Turning 60? Ask Yourself These 4 Important Questions

Retirement is an exciting milestone, and planning becomes even more crucial once you get within a few years of saying goodbye to your career. As we turn 60 and inch closer to retirement, there are important questions to answer.

(Image credit: Getty Images)

The average American plans to retire in their late 60s. If you’re within five to 10 years of your target retirement age, it’s important you take planning seriously.

There are key questions to ask yourself as you enter this milestone decade of life. Answering honestly will help you avoid costly mistakes and allow you to make any necessary changes to your retirement plan while you’re still earning an income.

Disclaimer

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

Tony Drake, CFP®, Investment Advisor Representative
Founder & CEO, Drake and Associates

Tony Drake is a CERTIFIED FINANCIAL PLANNER™and the founder and CEO of Drake & Associates in Waukesha, Wis. Tony is an Investment Adviser Representative and has helped clients prepare for retirement for more than a decade. He hosts The Retirement Ready Radio Show on WTMJ Radio each week and is featured regularly on TV stations in Milwaukee. Tony is passionate about building strong relationships with his clients so he can help them build a strong plan for their retirement.