Ultimate Retirement Checklist

1. Financial Readiness

• Calculate your expected retirement expenses
• Review your savings, pension, or 401(k) balance
• Check Social Security/age pension eligibility
• Evaluate investments and passive income sources
• Plan for inflation and unexpected costs
• Create a monthly retirement budget
• Pay off high-interest debts

2. Health & Insurance

• Review and update your health insurance
• Schedule checkups with your doctor, dentist, and eye specialist
• Consider long-term care insurance
• Make a fitness and wellness plan

3. Housing & Living Arrangements

• Decide if you want to downsize or relocate
• Research retirement communities
• Ensure your home is safe and accessible
• Consider renting out part of your home

4. Legal & Estate Planning

• Create or update your will and power of attorney
• Set up an advance healthcare directive
• Review and update beneficiaries
• Organize important documents

5. Lifestyle & Hobbies

• Plan how you’ll spend your free time
• Join social groups or clubs
• Consider part-time work or consulting
• Set personal goals for your first year of retirement

6. Family & Social Connections

• Discuss retirement plans with your spouse/partner
• Plan visits and activities with family and grandkids
• Strengthen friendships and build a social network

7. Taxes & Government Benefits

• Understand how retirement income will be taxed
• Check eligibility for government benefits
• Plan tax-efficient withdrawals from retirement accounts