What to do as retirement nears

Get ready to relax

A lifetime of work, and suddenly the end is in sight. You’re 10 years or less from being able to retire, fulfilling those dreams of a well-earned break from the daily grind.

But if you want those retirement years to be all you’ve imagined, you need to make sure you’re taking all the steps possible to make that happen.

That last working decade, while there’s still time to make some changes, is an important time to take inventory.

“The number one thing is to make sure you’re saving enough to reach your desired income in retirement,” says Greg Womack, a certified financial planner in Edmond, Okla.

Yes, this seems like a no-brainer. But financial planners say it’s surprising the number of people who come into their offices with hopes of retiring in a few years but with completely inadequate savings to make that happen.

Here’s an easy, step-by-step guide to make sure you're ready when the big day comes.

By Reed Karaim
Interest.com Contributing Editor