You are required to make many retirement benefit decisions in your 60s that will impact your finances for the rest of your life. When you sign up for Social Security plays a big role in how much money you will receive each month, and late Medicare enrollment could cause you to pay permanently higher premiums. The rules for retirement account withdrawals are also unusually flexible during your 60s, and only during this decade are you allowed but not required to take penalty-free distributions. Here are some of the retirement choices 60-somethings need to make.
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