Accelerate your mortgage payments and clear any debts you have before you retire. Opt for cash payments when making major purchases to prevent accumulating new credit card debt.
2
Emergency fund
Create an emergency fund. To ensure you have enough cushion, aim to save at least six months' worth of living expenses in this fund.
3
Travel
As you age, your body will stop supporting you enough to be able to travel. So, don't wait any longer, plan your dream trip, pack your bags, and explore the world while you still can.
4
Repair your home
Get your home repaired while you are still earning. You don't want to spend your retirement years dealing with constant repairs. Do you?
5
Make necessary purchases
If you are planning to buy a newcar or furniture or want to replace your old home appliances it's bestto do so now while your pocket still allows it.