Getting ready for retirement? Before you can cross that bridge, you'll need to cross some important items off
your to-do list. This handy checklist may help you prepare.
Understand what your income will be, and how you can confidently spend the money you have accumulated for
Prepare for emergencies by saving at least 3 months 'living expenses, and have that money easily available to
Lifestyle & Location
Consider where you'll live, both short- and long-term. Have a plan for funding a move and understand the
Have a strategy for your 401(k) plan and determine the best time for you to access the money, based on your goals.
Write down your personal goals for your retirement years. Explore your dreams, priorities and values.
Make arrangements in the event that you or a loved one encounters a health issue requiring full-time care.
Develop an estate approach that includes how you want your assets to be allocated, and who will handle your
Understand your options with Medicare and define a strategy for covering health care expenses for the
Social Security Strategy
Have a sound tax strategy to guide you through the process of spending money from both taxable and taxdeferred accounts.
If you're not as prepared for retirement as you'd like to be or would like a second opinion about your current strategy, please reach out to us at Cornerstone Wealth Management. Together we can fine-tune these
strategies so you can finish your checklist and get started on that bucket list.
Cornerstone Wealth Management
486 N.W. 2nd Avenue
Canby, OR 97013
Securities and advisory services offered through LPL
Financial, a registered investment advisor. Member
The opinions voiced in this material are for general information
only and are not intended to provide specific
advice or recommendations for any individual.