Are You Ready to Retire in 2026? Ask Yourself These 4 Questions to Find Out.

Group 1 - The article emphasizes the importance of being prepared for retirement, particularly for those planning to retire in 2026, by assessing financial readiness and lifestyle changes [1] - It suggests creating a detailed budget to understand monthly spending during retirement, accounting for potential increases in certain expenses and decreases in others [2][3] - The article highlights the need to evaluate expected monthly income from various sources, including Social Security, retirement accounts, and pensions, to ensure alignment with projected spending [4][5][6] Group 2 - It advises conducting an income checkup before retirement and planning for health insurance, as well as organizing activities to utilize free time effectively [7] - The article introduces the 4% rule as a common withdrawal strategy for retirees, illustrating how it can provide a sustainable income from retirement savings [8]