Planning your retirement actually begins when you receive your very first paycheck. Your retirement should be an ongoing process even after you retire.
Checklist For Retirement Planning:

First Years
- Start investing for retirement
- Get life insurance for self and family
- Invest in a home
- Start leisure time activities
- Collect vacation brochures
- Invest in a career wardrobe
- Enjoy your family and friends
- Adapt a healthful lifestyle
- Enroll and participate in professional organizations
Middle Years
- Check and update investments
- Update and check your travel plans
- Identify professional advisers such as: legal, financial, etc.
- Strengthen friend and family relationships
- Continue a healthy lifestyle
- Weed and organize your closets
- Maintain activity in professional organizations
Five Years Before and up to Retirement
- Check with MPSERS concerning your pension and insurance benefits
- Update life insurance needs
- Finalize your social security statement
- Evaluate your personal financial status
- Review retirement plans with professional advisers
- Discuss and explore with your spouse retirement living situations
- Include your spouse in your network of friends
- Continue to live a healthful lifestyle
- Curb major wardrobe purchases
- Enroll in MARSP and other retirement organizations