Skip to main content
No. of Recommendations: 0
My parents are 3-4 years from retirement, have saved some money but will still rely heavily on social security, so I'm sure the standard of living adjustment will take some getting used to for them.

So moving towards retirement, are there certain things they should be doing with their assets other than saving and investing? And by that I mean is it ok for their house to stay in their name only, making sure they sign up for Medicare, draw down a Roth before a 401K, etc?

That's rather open ended but looking for some general guidance, tips. Perhaps a suggestion regarding books that may provide overall guidance on preparing for the few years just prior to retirement.

Thanks, FuwlEd
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.