Your Last Year Before Retirement: Avoid Costly Mistakes

The final 12 months before you retire can have a bigger impact on your financial future than the previous 20 years of saving. It's during this critical period that many retirees unknowingly make costly mistakes that can increase taxes, reduce lifetime income, and create unnecessary stress once retirement begins. In this video, I cover the essential retirement moves you should make before you leave your job. We'll discuss retirement income planning, when to claim Social Security, Roth conversion opportunities, 401(k) and IRA decisions, healthcare planning before Medicare, tax strategies, portfolio positioning, beneficiary updates, and how to prepare for Required Minimum Distributions (RMDs). If retirement is just around the corner, this step-by-step checklist will help you avoid common pitfalls, protect your nest egg, and enter retirement with greater confidence and a clear financial plan. If you found this video helpful, be sure to like, subscribe, and turn on notifications for more retirement planning and financial strategy videos every week. #RetirementPlanning #Retirement #FinancialPlanning #RetireSmart #401k #IRA #SocialSecurity #RothConversion #RetirementIncome #Medicare Helping you to be wise with your money! To see more videos discussing personal finance Subscribe: https://www.youtube.com/channel/UCbDA... For more resources: 👉 https://www.wfa-nc.com/ 📝 Get your Free Retirement Plan checkup https://www.wfa-nc.com/retirement-plan-check-up To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1 I want you to be more confident in your future: whether that be through preparing for retirement, financial planning, portfolio analysis, or college planning. I trust the information you receive through these videos proves helpful with your personal financial situation! Website: www.wfa-nc.com Facebook: https://www.facebook.com/KeithWilsonF... Linkedin: https://www.linkedin.com/in/keithwils... I am looking forward to seeing you achieve your financial goals!