5 Money Moves to Make 10 Years Before You Retire
You have worked and saved and worked some more, and now you're finally 10 years away from retirement—first of all, congratulations, you're almost there. Second, it's time to check in on your finances and make sure they're in good shape for when you actually retire. Whether it's maximizing your savings or figuring out how much money you're going to need to live off of, there are a lot of key steps to take in the decade leading up to retirement—especially if you plan on retiring early.
Maybe you have spent the past few decades saving or you haven't given it much thought, but either way, it's never too late. "If you are 10 years from retirement right now and have done no planning whatsoever, it is not too late to start," says Ryan Cicchelli, founder of Generations Insurance and Financial Services. Cicchelli says he has helped plenty of people in this situation who were still able to start saving and get on track for their retirement goals. "The best time to start planning was yesterday, but the next best time is right now," he says.
If you're 10 years away from retirement (or would like to be at some point) here are the important money moves you should make to set yourself up for success (and savings), so you can really enjoy your retired life.