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I'm a Plan Participant
In My 60s
Your Retirement
Budget Worksheet


see my annuity estimate

Annuity Estimate Calculator


 5 Years before Retirement
  • Understand how much income you'll be receiving in retirement.
    Email us to request an Annuity Estimate or log in to use our retirement calculators. 

  • Complete our Retirement Budget Worksheet.
    Make sure your income will match your expenses upon retirement.

  • Request a benefit statement from Social Security.
    Review your earnings history and projected benefits.

  • Investigate ways to fund long-term care protection.
    If you’re using a long-term care policy, the younger you are when you get the policy, the lower the premium.

  • Consider where you’ll be living in retirement.

  • Think about secondary health insurance.

1 Year before Retirement
  • Update your Retirement Budget Worksheet and begin to live based on that plan.

  • Request an updated Annuity Estimate from the Fund.

  • Review health insurance options at your Y.
    If your Y does not provide any coverage for retirees, investigate other sources of health insurance coverage, such as coverage through a spouse (you will have 18 months to remain on your Y’s policy under COBRA).

  • Investigate state income taxes you’ll be paying in retirement.
    Many states have tax-advantaged rules for retirees.

90  Days before Retirement
  • Notify your Y of your decision to retire.

  • Notify the YMCA Retirement Fund of your decision to retire.
    At that time, the Fund will send you the forms you need to complete to begin your annuity.

  • If you intend to claim social security at the time you retire, notify them of your decision. 
    Contact Social Security three months before your 65th birthday even if you won’t be retiring. Certain provisions of Medicare begin at 65. You must sign up for them at that time to avoid a penalty.