While reasonably basic to an IRA specialist, the 9 ideas below are often over- looked by consumers and many financial practitioners alike who do not specialize in IRAs. Used appropriately, they may often help individuals and families pre-serve their retirement wealth. Perhaps they can help you too. Consider researching in more depth on your own, or perhaps broach any of the topics you feel may apply to you in more detail with your financial consultant(s).
The last five years before you retire may be some of the most critical years in terms of retirement planning, because you must determine within that period whether you can truly afford to quit work. The determination will hinge heavily on the amount of preparation you have done to date, and the results of such preparation. If you are financially prepared, then you may just need to maintain your program and continue on to your retirement goal. If you are not financially prepared, then you may be looking at more than five years of a modification to your planned retirement lifestyle.