Kiplinger

Transitioning to Retirement Is Like Moving to a New World - Bring a Map

Maybe you managed to pull together a down payment for your first house without some sort of formal savings plan. Many people do.

Maybe you even got your kids through college without any real strategy for how to pay for it. It happens.

So maybe you think you can lick this retirement savings thing, too. Perhaps with a buy-and-hold investment strategy, or simply figuring it out as you go, you'll hoist yourself over one last financial hurdle before you hit the finish line. Good luck.

Retirement isn't the finish line; it's the starting line for a whole new way of life. One without a paycheck.

You'll be living off relatively fixed finances, on an income you determine yourself. So, the decisions you make as you transition

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