Where are you in the retirement-planning journey? This roadmap will help you keep your retirement plans in check—whether you’re opening your first 401(k), getting ready to withdraw from it, or somewhere in between. Explore Fifth Third’s investment products or get in touch with an advisor in your area to talk about strategies to grow your retirement savings.
Business owners: Ensure you have a succession plan in place.8
Have 10X your annual salary saved. 5
Create an income-distribution plan for retirement. 5
Ensure wills, trusts, beneficiary designations are still accurate based on your desires. 5
Determine when you need to start taking social security withdrawals. 11
Collecting between ages 62-65 while still working could reduce your benefit amount. 11
The views expressed by the author are not necessarily those of Fifth Third Bank and are solely the opinions of the author. This article is for informational purposes only. It does not constitute the rendering of legal, accounting, or other professional services by Fifth Third Bank or any of their subsidiaries or affiliates, and are provided without any warranty whatsoever.