114: 10 Questions to Ask Before You Retire with Chris Rett

The Guided Retirement Show

It’s our Season 10 finale of The Guided Retirement Show, which means it’s time for Chris Rett, CFP®, AIF® to join Dean Barber as the featured guest. Chris and Dean are going to review 10 questions that everyone should ask themselves before retirement. If you’re planning to retire around three to five years from now, make sure to take some notes and to ask yourself these questions before retirement. Let’s review the questions and then we’ll explain why everyone should think about them before retirement.

10 Questions to Ask Yourself Before Retirement

10. When should I/we start Social Security?

9. What types of insurance do I need in retirement?

8. What healthcare and other unexpected costs can I expect in retirement? And how do I plan for them?

7. How do I plan for inflation and other uncertain economic changes?

6. When was the last time I reviewed my estate plan? Do I need to make changes? Are my beneficiaries up to date?

5. Am I emotionally ready to retire? How will I maintain my health in retirement? Have I considered how the transition from work to retirement will affect my mental health and sense of purpose? Do I have hobbies or interests I want to pursue?

4. How do I account for/plan for taxes in retirement?

3. How will I generate income in retirement and what is my distribution strategy?

2. What will my lifestyle be in retirement and have I saved enough money to retire?

1. What do I want my legacy to be?

START PLANNING

To get a full recap of today's conversation, including the biggest takeaways and links to all the resources mentioned, visit GuidedRetirementShow.com/114

Learn More about Retirement Planning

Find out more about retirement planning and Modern Wealth Management, by visiting modwm.com