What to Do the Five Years Before Retirement

The five years leading up to retirement are very important. Here's why.

Related Videos


  • Five Risks to Your Retirement Security

    Here are five risks to your financial security in retirement you need to hedge against.

  • Tax and Retirement Tips You Must Not Forget Before Year End

    Make sure you convert to a Roth IRA before the end of the year, said Ed Slott, founder of Ed Slott and Company. Slott added that employees should max out their retirement contributions for 2014 to build tax-free savings, or in other words, 'take it off the top before you get your hands on the money'.

  • Great Tips For Getting A Jump-Start on Your Retirement

    It’s never too early to start planning for retirement. Today we’re talking to Tracey Burke from Conrad Siegal Investment Advisors about how to get a jump-start on your retirement plan in your forties.

  • How to Give Your Retirement Plan a Big Payoff

    Want to improve your retirement plan's payoff? Increasing your employee contribution is simpler, and less costly, than you think. Smart401k president Scott Holsopple offers retirement investment tips on MoneyBeat.

  • Should You Pay Off Your Mortgage Before Retirement?

    Kiplinger's Sandra Block weighs the pros and cons of paying off your home loan before you retire.

  • Tips for Setting Up the Best Retirement Strategy

    The vast majority of Americans with access to 401(K) plans use them, but nearly as many don’t use them correctly. Barron’s Jack Hough joins MoneyBeat with tips on setting up the best retirement strategy.

  • Baby Boomers and Retirement Plannings

    Looking to feel secure about retiring? Having a lifestyle plan in place for those golden years can make a difference. About 49 percent of baby boomers who feel confident about achieving their ideal retirement have a lifestyle plan in place. A Better Homes and Gardens Real Estate study found that those plans include buying a vacation or beach house.

  • Retirement is America's Top Financial Worry

    According to a Gallup Poll released on April 22, 2014, three out of five Americans are worried about not having enough money for retirement. In honor of Financial Literacy Month, Prudential's Caroline Feeney gives her best advice on navigating the overwhelming landscape of planning your financial future. Feeney says focusing on the big picture and setting measurable goals are the best place to start.

  • Creating A Plan for Retirement

    Financial Advisor Ric Edelman talks about how to create a plan for retirement.

  • Edelman: 'Diversify Your Retirement Account, Don't Day Trade It'

    Retirement plans must include stocks, especially when interest rates remain low, nevertheless, 401ks and IRAs are not for market-timing or day-trading, says Ric Edelman, author of "The Truth About Retirement Plans and IRAs". Edelman says individuals must think long term when it comes to their retirement plans and let diversification do the work as opposed to changing strategies on a daily basis.

  • Make the Most of Your Retirement Plan Contribution

    There are a few ways to make the most of your retirement plan contribution. EisnerAmper's Dan Yu explains

  • How to Make Your 2014 Retirement Resolutions Stick

    It's still January so most people have not yet blown their New Year's resolutions to fix their retirement plans. Mahoney Asset Management President Ken Mahoney offers tips for those seeking to create or evaluate their retirement strategies. He also says investors should stick with stocks in 2014 after last year's big run, and be ready to scoop up more when the indexes inevitably dip over the course of the next 12 months.

Other Advice Videos


  • Anatole Faykin on The Privilege and Pleasure of Giving Advice to Friends

    In Chapter 5 of 16 in his 2014 Capture Your Flag interview, Internet entrepreneur Anatole Faykin answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Faykin shares how giving friends' advice is both a privilege and a pleasure. He notes that giving advice is tough, as often a friend is looking to have a listener and to vent rather to actively seek out feedback. Faykin works to discern those who want to vent from those who actually want advice and answers.

  • Matt Ruby on Being Comfortable Not Getting Asked For Advice

    In Chapter 5 of 19 in his 2014 Capture Your Flag interview, standup comedian and Vooza founder Matt Ruby answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Ruby shares how he is not often approached for advice. He finds it may be due to coming across as unapproachable or doing work that is not fully understood by others. While Ruby does not try to avoid people, he shares that not being asked for advice is fine with him and allows him to be left alone.

  • Hattie Elliot on How to Give Better Advice When Asked for Help

    In Chapter 4 of 15 in her 2014 Capture Your Flag interview, entrepreneur Hattie Elliot answers "How Have You Learned to Give Better Advice When People Ask You for Help?" As someone who connects people for a living, Elliot learns the most important part of giving advice is to underpromise and overdeliver. This helps to ensure she is able to meet expectations when making promises. She also learns to refine her willingness to help others to focus on a smaller group of close friends and family.

  • Ramsey Pryor: How to Give Better Advice When People Ask You For Help

    In Chapter 11 of 16 in his 2014 Capture Your Flag interview, product management executive Ramsey Pryor answers "How Have You Learned to Give Better Advice When People Ask You for Help?" With time, Pryor learns to give less prescriptive advice. He learns from his children to give advice is more to be a sounding board and help others make a decision rather than to make a decision for others. Pryor is a product management executive at IBM focused on cloud-based collaboration.

  • 6 Celebrated Women Offer Advice to Their 20-Year Old Selves

    What advice would you give your 20-year-old self? asked Real Simple.

  • Getting Advice for Making Big Decisions in Your 30s

    In Chapter 23 of 23 in his 2014 Capture Your Flag interview, business strategist Bryan Law answers "At This Point in Your Life, Where Are You Seeking Advice and Coaching?" Now in his thirties, Law shares how he gets advice from a network of people to make more informed decisions. From teacher mentors from Georgetown to an inspiring Angolan friend to his parents to his spouse, Law finds willing people to support him as he faces key life decisions.

  • Rachel Lehmann-Haupt on Seeking Advice From Working Mom Friends

    In Chapter 17 of 17 in her 2014 Capture Your Flag interview, author and small business owner Rachel Lehmann-Haupt answers "At This Moment in Your Life, Where Are You Seeking Advice and Coaching?" Lehmann-Haupt shares how she gathers working mom friends she respects to help her shape next steps in her life as a working mom. She finds her friends understand her needs as someone trying to be a good mom and strike the right work-life balance in an aspiring career. Rachel Lehmann-Haupt is a writer.

  • Louise Langheier on Two Ways to Give Better Career Advice

    In Chapter 7 of 21 in her 2014 Capture Your Flag interview, social entrepreneur Louise Langheier answers "How Have You Learned to Give Better Advice When People Ask You For Help?" Langheier shares two ways she has learned to give better advice. The first is honing in on the specific question the person seeking advice is really trying to answer. The second is appreciating the learning experience that comes with being asked to give advice.