Planning to Retire

New Year's Resolutions for Retirement

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Posted: December 23, 2008

Buck up: Your New Year's resolutions are going to require more sacrifice than usual this year. Layoffs, benefit cuts, and disappearing 401(k) balances have lashed workers in 2008. Yet everyone still has to provide for retirement. Here are some ways you can resolve to get your retirement plan back on track in 2009. Please share your retirement tips below.

Delay retirement

Put off claiming Social Security

Get your 401(k) match

Avoid early withdrawals

Scrutinize 401(k) fees

Determine your risk tolerance

Rebalance your portfolio

Evaluate your target-date fund

Pay off your mortgage

Get a pension

Downsize

Bump up your contributions

More Planning to Retire posts

New Year's Resolutions for Retirement

Planning for retirement should include the non-financial aspects, too: psychological challenges, reprogramming your time, renegotiating roles, condering relocation, working after leaving a primary career, and staying healthy. What will you do with 168 hours a week?
All these issues and more are addressed in my book, The New Retirement: The Ultimate Guide to the Rest of Your Life (Rodale, 2007).
Happy Retirement Planning,
Jan Cullinane
co-author, The New Retirement: The Ultimate Guide to the Rest of Your Life (Rodale, 2007)

Jan Cullinane of FL @ Dec 24, 2008 09:54:26 AM

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