Is this going to be the year you clock out of work for the last time and start living your life entirely on your own terms? Congratulations!

Before you completely stop earning an income, however, there's a handful of tasks you'll want to complete to make the financial part of the transition easier. Here are four of the biggest ones you'll want to start addressing now, since sometimes it can take weeks (if not months) to finalize matters.

Assuming you have some sort of retirement savings through your workplace, you'll need to have a new account to move that money into once you're no longer an employee. In most cases, the new account will be considered -- and is usually called -- a rollover IRA, meaning you just roll those assets or cash into a new account outside of your employer's retirement plan. You can often leave it with the same brokerage firm or plan sponsor, in fact, although that's not a requirement.

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Source Fool.com