Step 5: Review your plan
Take this step to review your retirement plan a year after you've retired, update the plan as needed and closely monitor the execution to remove bumps along the way.
One year review questions
1. Has your retirement income been adequate? (For example, have you been accumulating cash in your bank accounts?)
2. Is your roadmap still valid or have there been any changes in your goals that have affected your retirement needs? (Health issues, relocation, etc.)
Tip:
On a quarterly basis, take 15 minutes to review your financial documents and ensure they are stored in a safe, accessible location. For example, consider using your retirement portfolio to store your important financial document in preparation for your next appointment.
