It may seem like an uphill battle, but you can move mountains in the five to 15 years before retirement. It starts with having a clear sense of where you stand today and where you want to be tomorrow.
Print our checklist and keep it handy. It can help you stay on track.
Think about what’s important to a happy future and how to get there. Talk to your partner about shared goals and the retirement you envision.
List all your assets, including savings and brokerage accounts, real estate, 401(k) and retirement assets, pensions, insurance and personal property. Once you know what you have, you can be realistic about what you need.
Contribute as much of each paycheck as you can, up to the maximum annual amount to your retirement accounts, whether it’s a 401(k) or IRA.
Work with a financial professional to decide on an investment mix that’s right for your age and stage of life. Check in regularly to keep your investments balanced so you’re prepared for changes in the market.
Whether you want to relocate to the other side of town or the other side of the world, prioritize practical needs and study up on any new area.
If you love where you are but want to spend less time and money keeping up your house, it may be time to downsize to an apartment, condo or retirement community.
Use the Social Security retirement estimator to estimate your future Social Security benefits.
The age at which you start receiving Social Security has an impact on your monthly benefits. If you’re still working, taxes come into play as well. The When to start your benefits planner can help you strategize.
If you’ve been covered by your employer’s plan, be prepared to cover any gaps and check your eligibility for Medicare.
You’re not in it alone. Make sure you’ve got the right team of professionals to help you create the life that you want.
About us
Learn about Capital Group and find resources to get you started.
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Who we are
As one of the world's largest investment managers, we've helped investors succeed by remaining true to our values and approach. We believe in a distinctive way of managing money, an emphasis on research, a long-term view and the recognition of the power of relationships.
What we do
Capital Group offers a variety of investment options to help you pursue your objectives — including American Funds, one of the largest mutual fund families in the U.S.
Where to find our mutual funds
Your financial professional can tell you more about American Funds. Or, you can purchase our mutual funds yourself through an online broker.
Important questions to consider
Whether you are collaborating with a financial professional or figuring out your own finances, these questions can help get you started.
- Am I on track to achieve my retirement goals?
- How much should I contribute to my retirement plan to get me closer to my dreams?
- Should I be making changes to my investments or retirement portfolio?
The value of guidance
A financial professional can work with you to define your goals and create a plan to help make them a reality. From establishing a budget to selecting investments to riding out market shifts, a financial professional can help you make decisions based on your specific situation.
Looking for a financial professional?
Our locator tool can help you find professionals in your area.
Check the background of these investment professionals on FINRA’s BrokerCheck.
Return to Planning for retirement
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Use of this website is intended for U.S. residents only.
American Funds Distributors, Inc.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.