5 Years Until Retirement? Here Are Investing Rules to Follow

The five years before retirement are crucial for shifting from saving to planning income. Key strategies include maximizing catch-up contributions to boost savings and reduce taxes, using a bucket plan to protect against market downturns, and stress-testing your portfolio. It's vital to plan for healthcare costs by understanding Medicare and using HSAs. Finally, focus on tax planning to take advantage of current low rates before required minimum distributions begin.

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