If you don’t have the funds you expected by now, or just not sure what you’re going to do if you live past 85-years-old, don’t worry. These tips will help you start to figure it out.

Get Professional Financial Help, Some of it is Free

You may think financial advice is expensive, but it doesn’t have to be. There are both free and low cost resources. For instance, Volunteer Income Tax Assistance (VITA) provides free tax filing help for both seniors and many middle income families. You can also get budgeting and financial advice for free at your local credit union. But, you also want more extensive advice on your retirement planning. For instance, you’ll want to talk to the manager of your 401(k) plan about your current retirement choices, and what changes you may want to make in your investments. You can also see a CPA or a PFS for more detailed advice on both tax and financial planning.

Be Prepared for Living Longer than Expected

Probably the best preparation you can make is preparing to potentially live to be 100-year-old, possibly without much health decline. Annuities, which are pensions you purchase through a financial professional can be bought that don’t start kicking in until your 75 or 85-years-old. Thus, you’re covered financially if other money runs out. Ask about fees associated with these plans and how much money it costs for these pensions to affect the money you have for current budget expenses. I always suggest getting at least three quotes on anything.

Invest in Healthy Living

My exercise classes and unprocessed food are a better investment than health insurance. The good news is many insurance companies think the same way, and will give you rebates on your gym membership purchase. Check with your plans if you have this option. Medicare also has options for exercise plans. You should also check into preventative care tests and nutrition counseling. You’d be surprised what’s offered for no or minimal cost to keep you healthy.

Protect Your Loved Ones

Protect your loved ones against financial hardship with life insurance. Carefully consider how much coverage you need. Get a whole life policy based on this amount to avoid overspending. Also, if you plan on leaving the company you work or soon, find out what you pay to keep your life insurance plan afterwards. Also, check with your medical insurance. Some plans can be continued after you retire, and you may want additional coverage to Medicare.

Partially Retire

My mom is 70-years-old and couldn’t imagine fully retiring. She’s a VA clinical social worker working with homeless veterans. She’d do the same job if she were volunteering. Have a new career or business you’ve always wanted to start? Now’s the time. Find the job you like. The bonus? Many states have programs for free tuition for seniors. Contact your local university’s senior or nontraditional student offices for options and details. The extra money you get from not retiring fully may help you afford the retirement you really want as far as trips and such. Thus, you get the career and lifestyle you’ve always wanted.