Jan 18

Double-Check your Retirement Plan

For those people beginning to solidify retirement savings plans or even nearing retirement, according to Hymes and Associates, CPA, be sure not to forget to consider the following questions about your plan.

Does your employer's health care plan extend into retirement? If not, take advantage of their coverage and finally commit to dealing with all your minor ailments and aching bones before retiring.

Ask yourself if you plan on retiring early or at the full retirement age. Retiring early can mean receiving fewer Social Security benefits.

Finally, how do you want to receive your pension's payout? Make a plan for how you will you invest or spend the funds wisely.

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