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Resources
Industry Specific
Access all the commercial banking resources your business needs to succeed.
Retirement Checklist
Retirement Checklist
Helpful tips to consider when preparing for retirement
Financial considerations
- Choose target date for expected retirement
- Review estimated expenses during retirement
- Food, clothing, housing
- Insurance
- Health care
- Travel and recreation
- Other
- Review annual income during retirement
- Social security options
- Pensions
- Savings and investments plans
- Job earnings
- Other
- Review total retirement savings to date
- Review total liabilities to date
- Determine retirement income needs
- Identify potential gaps and determine the need for additional savings
- Utilize a financial advisor to monitor investment portfolio and make changes when appropriate
- Consider consolidating assets for more control in monitoring and managing assets
Insurance planning
- Review health insurance options until Medicare is available, if under the age of 65
- Review health insurance options to supplement Medicare if over 65
- Determine if you are eligible for health insurance from past employer
- Review long-term care coverage to protect against nursing home care
- Review life insurance for adequate coverage
Estate planning
- Review beneficiaries on the following:
- Employer-sponsored plans
- IRAs
- Annuities
- Life insurance
- Other
- Review trust/will for the following:
- Durable power of attorneys
- Medical directives
- Trustees
- Instructions in will
- Other
We’re here to help!
If you have questions, give us a call, schedule an appointment, or stop by one of our branch locations.
