Time to relax - almost
You’re nearing retirement. New adventures, more moments with your beloved grandkids, or maybe just more time to truly relax are around the corner. So, what’s next?
Retirement readiness is much like planning a vacation. It involves setting goals, creating a budget, and making important decisions about where you want to go and how you want to get there.
Like the anticipation of a vacation, you’ve watched your retirement savings grow over the years with excitement. Now’s the time to make sure you have everything you need for when the big day comes.
This quick checklist offers some basic topics to consider, discuss and put into motion. Cheers to a fulfilling and joyous retirement ahead!
Financial planning
Review your retirement savings and investments. Are you financially ready for retirement? How can you help ensure your money lasts as long as you do?
Determine your retirement income, then create a budget based on that.
Update your life insurance, will and estate plan.
Health & wellness
Explore health insurance options and costs. (They could be different than what you had during your working years.)
Stay active through regular exercise and a healthy diet.
Continue with regular checkups and screenings.
Housing & living arrangements
Evaluate your current living situation. Is it time to downsize or relocate?
Look to the future. Will your home need modifications to make it more accessible? Would a retirement community or assisted living facility make sense? What are your best options?
Social connection
Take advantage of social, educational and volunteer opportunities through your local Modern Woodmen chapter.
Explore new hobbies or interests to keep your mind engaged.
Plan activities to stay connected with friends and family.
Don't go it alone!
Want every day to feel like a vacation? Just like a well-organized vacation can lead to amazing memories, a well-planned retirement can lead to a fulfilling and enjoyable future. Talk to your Modern Woodmen representative and other professionals for guidance as the big day draws closer.
Your financial representative
Meet a Modern Woodmen representative in your community and begin to explore how shared values can work for you.
Find a rep near you
Need help finding a representative?
If you’re unable to find a Modern Woodmen representative in your community, we’d like to help.
Contact the home officeAdditional products and services
Talk to a representative to see what's best for you.
401(k) plans
A 401(k) plan is an employer-sponsored retirement plan that offers several income tax benefits for those looking to save for retirement.
Discount Programs
Member families can save money on electronics, pet supplies, entertainment and much more through our discount partnership with PerkSpot.