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  2. Here is a retirement timeline to-do list12:
    1. Assess personal financial needs: Start by taking a snapshot of current income, debts, spending, and net worth. Estimate the likelihood—and extent—these might change. Consider anticipated lifestyle changes: Downsizing? Traveling more? Moving to a more or less expensive area?
    2. Figure out Social Security benefits.
    3. Understand how Medicare works.
    4. Determine your retirement withdrawals.
    5. Consider consolidating accounts.
    6. Start planning: Sign up for an online account. Use your account to verify the number of service credit years you have.
    7. 3-12 months before retiring: Request an official estimate of your monthly benefit through your online account or by calling DRS.
    8. 1-3 months before retiring: Contact DRS if you need to make changes to your official estimate.
    9. At and during retirement.
    10. Contacts.
    Learn more:

    Your Retirement Checklist and To-Do List

      www.titan.com/articles/retirement-to-do-list

      Retirement Planning Checklist

      • Start planning Sign up for an online account. Use your account to: Verify the number of service credit years you have. ...
      www.drs.wa.gov/life/retire/check/
       
    • People also ask
      What should I do if I'm planning to retire?If you’re planning on moving for retirement, spend some time in your targeted retirement location. If you’re relocating, consider buying your retirement home while your income allows you to secure a mortgage. Consider setting up a Password Keeper (I use LastPass) to retain your info post-retirement.
      theretirementmanifesto.com
      When is a good time to prepare for retirement?Ten years before you retire is a good time to start preparing so you're in great shape when the time comes. This checklist for retirement planning will help. Are you ready to retire? By 2030, one out of five Americans will be retirement age. Every Baby Boomer will be over 65, and the vanguard of Generation X will be close on their heels.
      What should I do if I'm retiring early?Consider living on your projected retirement income for 1-2 years prior to retirement as a “trial run”. Begin evaluating post-retirement insurance options. Consider buying an independent life insurance policy. If you’re retiring early, figure out how you’ll bridge your spending needs to retirement accounts.
      theretirementmanifesto.com
      When should you start planning your retirement?Ideally, you should start ticking off a to-do list of retirement planning tasks on the day you receive your first paycheck. But in reality, most of us don’t focus on retirement until much later — and that’s fine, as long as you’ve been saving throughout your career.
       
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