Pre-retirement Checklist: 5 Key Factors To Keep In Mind

Producer: Priyanka Das Editor: Manuj Yadav | February 05 , 2025

Create An Emergency Fund

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Creating an emergency fund especially for retirement can act as a safety net in these trying times. Having a sizable emergency fund allows you to weather unexpected events without letting your long-term financial objectives slip.

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Pay Off All Debt

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Take Your Health Insurance into Account

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Both the likelihood of developing health issues and the expense of medical care increase with age. Having health insurance after retirement is therefore crucial.

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Calculate Retirement Income

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Knowing your estimated retirement income helps you understand if your current savings and investments are sufficient to maintain your desired lifestyle after leaving the workforce.

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Investments

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A comfortable retirement requires careful investment that takes into account your financial objectives, time horizon, and risk tolerance. Investing in a variety of assets, including stocks, bonds, and real estate, is one winning tactic.

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