3 Steps to Prepare for Retirement in a Slow Economy

People considering retirement in the near future, as well as early retirees, will likely have to navigate rough waters during these times. A stock market crasha slowdown in the economy and a Federal Reserve that has signaled more interest rate increases Fighting inflation requires retirees to make smart decisions so they don’t jeopardize a successful retirement.

That’s where a well-thought-out financial plan can help make a comfortable retirement possible, even during a tough economy. When I talk to recent retirees or people considering retiring soon, here are three actions I generally recommend to help them navigate this important life transition.

1. Examine your spending history.

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