Wednesday, July 30, 2014

The Government's Retirement Toolkit Tells You How to Prepare to Retire

The Government's Retirement Toolkit Tells You How to Prepare to Retire

It's scary that once we retire we're supposed to live decades—maybe even 40 years or so—without a paycheck. The Department of Labor, Social Security Admininistration, and Centers for Medicare and Medicaid want to help you plan for the kind of retirement you want.

This PDF "toolkit" offers a timeline for the changes you should prepare for as you get closer to retirement age. It also attempts to explain Medicare parts A, B, C, and D, and lists several other free publications to help you understand 401(k) fees, filing retirement benefit claims, Social Security benefits, and more.

It's a lot of information to take in, but the sooner you start thinking about your retirement, the better off you'll be.

Retirement Toolkit | Department of Labor via Forbes

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