Retiring in the Next 5 Years? Make These Five Decisions Now

These five moves could mean hundreds of thousands of dollars in extra income over the course of your retirement.

A woman enjoys a view while hiking.
(Image credit: Getty Images)

In the five years preceding retirement, a person will make more important decisions about how to maximize their retirement than at any other time. Why? Because these decisions are not easily altered, and the impact will affect important income and expenses for the rest of their lives. Making the right decisions can provide substantially more income over a longer period of time – which is the ultimate goal.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

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.

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Brett Miller, CPA, CFP®
Partner In Charge, Wealth Adviser, McGill Advisors, a Division of CI Brightworth

Brett Miller is the Partner-In-Charge and Wealth Adviser at McGill Advisors, a division of CI Brightworth. Working predominantly with dental professionals, Brett has spent the last 14 years empowering small-business owners to successfully plan and achieve their financial goals.  Brett graduated from The Citadel in Charleston, S.C., and is an avid runner and golfer.  He believes that life is about mastering the journey and brings that passion to his clients and their families.