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Retirement Getting Closer? Make These 4 Moves Now


If you're finally at the point where you can start counting down the years (or months) until retirement, congratulations -- you deserve to leave the workforce behind and embark on a new, exciting stage of life.

As you gear up for that milestone, be sure to make the following moves.

Though Social Security may provide a substantial chunk of income for you during your later years, you'll still need savings of your own to subsidize those benefits. That's why it pays to sneak a little extra money into your IRA or 401(k) plan while you can. If you're over 50, you can contribute up to $7,000 to an IRA this year, or up to $26,000 to a 401(k).

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Source Fool.com


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