Living: Check your progress

It's important to keep tabs on your money after you've retired to make sure your retirement plan will provide adequate income for the rest of your life — and to make adjustments if necessary.

And make sure you've addressed these financial and retirement planning considerations:

During your 60s:

  • Retirement savings distribution options
  • 401(k) rollovers, depending on employment status
  • Retirement plan finalization
  • The transition from accumulation of savings to distribution
  • Work options if you can't afford to retire or want to continue working
  • Medicare application (three months before turning 65)
  • Employer-provided insurance, Medigap insurance, long-term health care insurance, prescription drug coverage and other options for meeting health care needs
  • Social Security benefits

During your 70s:


  • Complete, accessible financial information, especially beneficiary designations
  • Net worth
  • Retirement plan re-evaluation
  • Debt amount
  • Credit rating
  • Sufficient savings for emergencies
  • Life-altering events, such as disability
  • Personal medical history and status
  • Local, state or federal tax law changes

Next steps

The most critical steps you can take to make sure your retirement plan stays on track are:

  • Make it on ongoing, hands-on priority at each phase of the timeline.
  • Use your financial advisor as a resource to plan effectively.

These calculators will help you check your progress: