The Pre-Retirement Checklist: How Prepared Are You?

As you get closer to retirement, the transition can feel both exciting and overwhelming. There's a lot to think about—your income, your lifestyle, your taxes, your healthcare, and more. But here’s the good news: if you’ve been planning ahead, you may be far more prepared than you realize.

To help you see exactly where you stand, I’ve created a clear and practical 10-step Pre-Retirement Checklist. Use it to measure your progress, identify any gaps, and build confidence as you move toward this next chapter of life.

1. Retirement Budget

Goal: Understand what your income will look like in retirement and how to confidently spend the savings you’ve worked so hard for. A sustainable income plan is the foundation of long-term retirement success.

2. Emergency Savings

Goal: Maintain at least three months of living expenses in a liquid, easily accessible account. Retirement doesn’t eliminate surprises—this protects your lifestyle when they happen.

3. Tax Strategy

Goal: Know how to withdraw money from taxable, tax-deferred, and tax-free accounts in the most efficient way. A strong tax strategy can add years to the life of your portfolio.

4. Lifestyle & Location

Goal: Decide where you want to live both short- and long-term, and understand what it will cost to get there. Your ideal retirement lifestyle deserves intentional planning.

5. 401(k) Strategy

Goal: Determine the best way and best timing to access your employer retirement plans.* Your 401(k) is one of your strongest tools—using it wisely matters.

6. Bucket List

Goal: Clarify your goals, dreams, and priorities for the years ahead. Retirement isn’t just about money—it’s about purpose, experiences, and meaning.

7. Extended Care

Goal: Have a plan for long-term care needs for yourself or a loved one. A well-prepared plan protects both your health and your financial independence.

8. Estate Strategy

Goal: Create or update your estate plan, defining how your assets will be managed and distributed. This ensures your wishes are carried out and reduces stress for your family.

9. Health Insurance

Goal: Understand your Medicare options and estimate long-term healthcare costs. Health care is one of the biggest retirement expenses—planning early pays off.

10. Social Security Strategy

Goal: Know when and how to claim your benefit for the greatest long-term impact. The right timing can increase your lifetime benefits significantly.

Not Quite Ready Yet? That’s Exactly Why I’m Here.

If you reviewed this list and realized there are still a few boxes unchecked, you’re not alone—most people feel the same way. The difference is that you’re taking the steps to get prepared.

Whether you're months or years away from retiring, the right strategy can help you retire with confidence, clarity, and peace of mind.

Next Steps

If you’re ready to take the next step, schedule a free Retirement Readiness Review with me. Together, we’ll walk through this checklist, identify your strengths, close any gaps, and build a personalized plan that supports the retirement you’ve worked so hard for.

👉 Click here to schedule your appointment or reach out directly if you have questions—I’m here to help you retire on your terms.

*Distributions from 401(k) plans and most other employer-sponsored retirement plans are taxed as ordinary income and, if taken before age 59½, may be subject to a 10% federal income tax penalty. Once you reach age 73, required minimum distributions generally apply.