Tools & Checklists - Checklists

Whatever your age, and wherever you are in planning for retirement, there are specific things you can do to help your progress.
Just Getting Started - Retirement Planning in Your 30s
Just Getting Started - Retirement Planning in Your 30s
You’re just getting started planning for retirement in your 30s, so begin by creating a safety net to help your family. Then, plan out your retirement goals to help you learn how much you should be saving.
 
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Just Getting Started - Retirement Planning in Your 40s
Just Getting Started - Retirement Planning in Your 40s
Now that you’re earning more money than in your 30s, consider taking full advantage of a 401(k) or 403(b) retirement savings plan at work, if you have one. You should also be sure your kids and husband or partner are named as beneficiaries for your retirement accounts. And if you’ve changed jobs, consider consolidating your previous 401(k) plan accounts.
 
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Staying on Track - Retirement Planning in Your 40s
Staying on Track - Retirement Planning in Your 40s
When you’re in your 40s and have already started planning for retirement, be sure you remain on course. Keep your debt down so you’ll have more money to save. Also, be sure you have a suitable investment mix in your tax-advantaged retirement savings plans.
 
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Just Getting Started - Retirement Planning in Your 50s
Just Getting Started - Retirement Planning in Your 50s
In your 50s, your income may be at its peak, although you still have hefty expenses. Once you’re 50 consider taking advantage of “catch-up” rules that allow you to contribute more money to IRAs and certain retirement plans. Also, trim your loan and credit card payments as much as possible, to keep your debt load low in retirement. And rough out the amount you expect to spend each year in retirement.
 
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Staying on Track - Retirement Planning in Your 50s
Staying on Track - Retirement Planning in Your 50s
Now’s the time to fine-tune your retirement strategy. Look for ways to lower expenses, such as paying off your mortgage faster. Then you’ll free up money in retirement so you can enjoy yourself more.
 
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Nearing Your Next Act - Retirement Planning in Your 50s
Nearing Your Next Act - Retirement Planning in Your 50s
As your retirement gets closer, look for ways to keep expenses down after you stop working full-time. This is also the time to develop a retirement-income plan. Also, take advantage of the IRS’s catch-up contribution rules.
 
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Staying on Track - Retirement Planning in Your 60s
Staying on Track - Retirement Planning in Your 60s
When you’re trying to keep your retirement planning on track in your 60s, come up with a retirement income plan. That way, you’ll know where your money will come from. Also, set up a withdrawal plan for your savings to help avoid outliving your money.
 
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Nearing Your Next Act - Retirement Planning in Your 60s
Nearing Your Next Act - Retirement Planning in Your 60s
Even if you plan to retire soon, you’ll want to continue saving. Set up a retirement income to ensure you’ll have a steady stream of income during retirement. Talk with an estate lawyer about ways you can create a legacy for your family.