We believe anyone can be a successful investor by following some basic principles.
But even if you've been investing solo for decades, think about whether you might benefit from advice as you begin planning for retirement. During this time, you'll be making some very important decisions that could make or break your retirement timeline.
If you feel confident you can handle retirement planning on your own, here's your checklist of things to do.
It's not a simple question to answer, but running some numbers will give you a good idea about where you stand.
Find out when you might have enough to retire
Many of your day-to-day expenses in retirement will be similar to those you have currently. But one expense you'll have to think about is your medical insurance.
Learn more about health care costs in retirement
You can start collecting Social Security payments at age 62, but that's not the whole story. See how a variety of options and strategies could affect your retirement income.
See how your retirement age affects your Social Security benefits
You may decide to retire before all your debt—for example, your mortgage—is paid off, and that's okay. Just make sure you understand the implications and have a plan to pay it off.
See how paying off debt can affect your retirement lifestyle
As you get closer to retiring, make sure you're doing everything you can to set your savings up for success.
Talk with one of our investment specialists
Call 1-888-200-8352
Monday through Friday
8 a.m. to 8 p.m., Eastern time
Ready to start?
Talk with one of our investment specialists
Call 1-888-200-8352
Monday through Friday
8 a.m. to 8 p.m., Eastern time
Ready to start?
MAKE IT EASY
Facing some big retirement choices? If you're confronted with decisions about retirement sooner than you'd expected, we can help. Our advisors can guide you on the best choices for you.
See how to juggle multiple financial goals
All investing is subject to risk, including the possible loss of the money you invest.
Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor, or by Vanguard National Trust Company, a federally chartered, limited-purpose trust company.
