Important Retirement Milestones

Navigating Your Financial Milestones: Key Ages to Know for Retirement Planning

Retirement planning is more than just saving money—it’s understanding the opportunities and decisions that come with each stage of life. Key milestones, like turning 50 or 65, unlock new strategies and benefits that could make a significant difference in your financial future. Are you on track to make the most of these opportunities?

From catch-up contributions to your 401(k) at age 50, to unlocking Social Security benefits at 62, to the all-important Medicare enrollment period at 65, these milestones guide us through the complex process of retirement planning. Each age offers unique ways to grow your savings, manage taxes, and plan your future with confidence.

Whether you’re approaching these key ages or helping a loved one prepare, understanding financial milestones is critical to navigating retirement effectively. This guide will walk you through the major financial checkpoints—from age 50 to age 75—so you can take control of your retirement years with clarity and peace of mind. Let’s explore how each stage matters and how you can make the most of them!

This information is being provided only as a general source of information and is not intended to be the primary basis for financial decisions. It should not be construed as advice designed to meet the needs of an individual situation. Please seek the guidance of a professional regarding your specific financial needs. Consult with your tax advisor or attorney regarding specific tax or legal advice. Not affiliated with the Social Security Administration or any government agency.

Insurance products are offered through the insurance business Sound Planning Group, Inc. (SPG). SPG is also an Investment Advisory practice that offers products and services through AE Wealth Management, LLC (AEWM), a Registered Investment Adviser. AEWM does not offer insurance products. The insurance products offered by SPG are not subject to Investment Adviser requirements. AEWM and SPG are not affiliated companies. Neither the firm nor its agents or representatives may give tax or legal advice. SPG is not affiliated with the U.S. government or any governmental agency. Content is subject to change and is not warranted or guaranteed to be accurate.