I am 5-10 years from retiring. What should I do?

These are the most crucial years for individuals to ensure that they have adequate savings to ensure that they can retire. Retirement does not mean you will not necessarily work and saving for retirement does not mean you should not splurge and take a dream vacation. Life is about enjoying it with the ones you love and being happy. It is an integral part of being healthy and will help you reach your retirement age goal. Although each individual should plan for their own specific goals - the below represents a good outline to follow.

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Be sure you have an adequate amount of liquid funds for emergencies

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Maximize your 401(K) and IRA contributions. These plans give you the power of tax-deferred compounding and allow you