10 Tips for Those Within 10 Years of Retirement in 2023

1. It’s Now or Never: Find More Money and Save It

2. Max Out Catch-Up Contribution

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3. Don’t Rely on Just a 401(k) — Open an IRA Too (or Vice Versa)

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4. Expecting an Inheritance? Check With Your Parent

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5. Get Rid of Debt

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6. Talk With Your Spouse

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7. Budget: Inventory Current Spending and Project Into the Future

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8. Plan for Out-of-Pocket Medical Costs and the Potential for a Long-Term Care Need

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9. Maintain the ‘Right’ Asset Allocation and Start Thinking About Income Planning

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10. Consider Your Own Needs (Current and Future) Before Helping Your Kids or Aging Parent

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