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REACHING FULL RETIREMENT AGE THIS YEAR? HERE’S WHAT SEXTON ADVISORY GROUP WANTS YOU TO KNOW.

Sexton Advisory Group's steps you need to take to prepare yourself for retirement.


Understand where your retirement income will come from.

Hint: the more diversified your source of retirement income, the better. Your retirement income could come from Social Security, rental incomes, investments, and more. Take stock of these sources, know how much each source of income will provide you with monthly, and plan accordingly.


Understand how much you can expect to receive via Social Security – this is a key step before you retire. If you already have a diversified source of retirement income, it’s possible you can put off collecting on your Social Security benefits and receive a bigger paycheck in the long-run.


Invest in your health. Spoiler alert: your health and your finances go hand-in-hand. The more you care for yourself through proper nutrition, good sleep, fitness, and regular health checkups, the less you’ll likely need to spend on medical care in your golden years. Preventive care is key here, as it’s much easier (and financially prudent) to prevent illness than treat it.


Develop a routine. A daily routine helps to manage feelings of boredom or restlessness. Don’t forget to make time for things that energize you.


Warmly,

Steve Sexton, CEO of Sexton Advisory Group



Sexton Advisory Group Retirement Tips

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