This is the crucial time to fine tune your transition into financial independence.
Many of the decisions you make will be irrevocable lifelong choices. With proper planning, both financially and emotionally, this phase will ideally involve checking off the remaining boxes to arrive at retirement. Here are important issues to address as you implement your plan:
10 years before retirement
Develop a comprehensive plan to help ensure you will reach financial independence tax efficiently.Learn about phase 1 →
2–9 years before retirement
Reach a solid financial position through a disciplined approach to managing changes in the years leading up to retirement.Learn about phase 2 →
1 year before and into retirement
Transition to financial independence and fine-tune your plan to prepare for post-retirement taxes and healthcare.
You are here
Stay focused on decisions related to taxes, Social Security, and investments to help ensure your savings last.Learn about phase 4 →
Take an active role in teaching the next generation how to handle wealth and the responsibility that comes with it.Learn about phase 5 →