1.Pay off all debt. It's best not to have any when you retire. (For help contact a bankruptcy attorney or a credit counselor associated with the National Foundation for Credit Counseling.)
2.Plan where you will live and how much you will pay to live there. Selling your house and moving to a cheaper one could help you increase your income to pay off debt or to invest.
3.Make up a budget for your retirement. Most people will spend 70%-80% of their before-retirement income.
4.Update your will/estate plans. This includes durable powers of attorney for financial decisions and health care (sometimes called a health directive). Consider a living will. This specifies the kind of care you would prefer if you are unable to make decisions for yourself.
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