{"id":289893,"date":"2025-11-13T21:57:12","date_gmt":"2025-11-13T21:57:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/289893\/"},"modified":"2025-11-13T21:57:12","modified_gmt":"2025-11-13T21:57:12","slug":"4-money-moves-to-make-now-if-you-want-to-retire-in-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/289893\/","title":{"rendered":"4 Money Moves To Make Now If You Want To Retire in 2026"},"content":{"rendered":"\n

Planning to retire in 2026? There\u2019s still time to strengthen your finances before you step away from work. According to experts, a few smart money moves now can make a big difference in how confident you feel about your retirement<\/a>.<\/p>\n

Read More: 3 Ways AI Is Quietly Transforming Retirement Planning \u2014 and What It Means for Your Money<\/a><\/p>\n

Check Out: 5 Clever Ways Retirees Are Earning Up To $1K Per Month From Home<\/a><\/p>\n

Follow these four money moves to help set yourself up for retirement<\/a> in 2026.<\/p>\n

\u201cIf you\u2019re planning to retire in 2026, this is the time to get your financial house in order. The biggest money move right now is to shift into planning mode,\u201d explained Adam Spiegelman, CFP, wealth advisor at Spiegelman Wealth Management<\/a>.<\/p>\n

This means having a detailed retirement plan<\/a> and cash flow projections to understand where your income will come from and how much you need to maintain your lifestyle.<\/p>\n

\u201cYou want clarity on every inflow \u2014 Social Security, pensions, investment accounts \u2014 and on what your real spending looks like,\u201d Spiegelman said. \u201cEighteen months goes by fast, so treat this as your dress rehearsal for retirement.\u201d<\/p>\n

Be Aware: Dave Ramsey Warns: This Common Habit Can Ruin Your Retirement<\/a><\/p>\n

\u201cIronically, one of the biggest mistakes wealthy people make approaching and during retirement is becoming overly risk-averse,\u201d Robert R. Johnson, Ph.D., CFA, CAIA, professor of finance at Heider College of Business<\/a> at Creighton University, wrote in an email.<\/p>\n

While it makes sense to de-risk a portfolio as retirement approaches, Johnson emphasized that investors should avoid becoming too conservative with their investments. According to Johnson, a large downturn in the equity markets right before retirement can have devastating consequences on a retiree\u2019s standard of living.<\/p>\n

\u201cThe late golf instructor Harvey Penick once said, \u2018Golf tips are like Aspirin: One may do you good, but if you swallow the whole bottle you\u2019ll be lucky to survive.\u2019 To paraphrase Penick, a little derisking will do you good<\/a>, but if you completely derisk your portfolio, you\u2019ll be lucky to survive,\u201d Johnson explained. \u201cRetirees should maintain a healthy allocation to stocks both as they approach retirement and as they live out their golden years in retirement.\u201d<\/p>\n

You aren\u2019t safe from emergencies in retirement. \u201cRetirees should consider having a separate emergency fund<\/a> set aside, just $500 to $1,000,\u201d Devin Miller, CEO and co-founder of SecureSave<\/a>, wrote in an email. \u201cThis can cover those smaller but stressful surprises.<\/p>\n

\u201cOnce you have this set up, you do not have to pull money out of your investment to replace tires or handle an unexpected dental bill,\u201d he said.<\/p>\n

And if you\u2019re still working part time or have access to workplace benefits, Miller recommended seeing if your employer offers a workplace emergency savings account that you can set up and fund straight from your paycheck.<\/p>\n

\u201cAutomation makes all the difference. When you don\u2019t see the money, you don\u2019t miss it, and it helps you build the habit without thinking about it,\u201d Miller explained. \u201cThis same idea works in retirement too: set up a monthly transfer to a separate savings account and forget about it.\u201d<\/p>\n

Having passive income streams<\/a> in retirement never hurts.<\/p>\n

\u201cPassive income is something that\u2019s been setting apart a lot of retirees who are living successfully with their funds [from] those who are struggling,\u201d according to Adam Hamilton, CEO of REI Hub<\/a>. \u201cPassive income is invaluable when it comes to stretching retirement savings out as much as possible and financing the retirement lifestyle you want.\u201d<\/p>\n

More From GOBankingRates<\/p>\n

This article originally appeared on GOBankingRates.com<\/a>: 4 Money Moves To Make Now If You Want To Retire in 2026<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Planning to retire in 2026? There\u2019s still time to strengthen your finances before you step away from work.…\n","protected":false},"author":2,"featured_media":10666,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,61736,147,530,1666,10564,152188,152189],"class_list":{"0":"post-289893","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-money-moves","10":"tag-personal-finance","11":"tag-personalfinance","12":"tag-retirement","13":"tag-robert-r-johnson","14":"tag-smart-money-moves","15":"tag-spiegelman"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/289893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=289893"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/289893\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/10666"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=289893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=289893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=289893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}