You may have been retired for a while, or you may just be starting now. Either way, your emphasis now is on managing your portfolio so that you can live the retirement you want while striving to make your money go the distance. And of course, while there are years ahead of you, now might be a good time to ensure your estate is in order.

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Step 1: Learn when you must start taking withdrawals.  

Many retirement accounts allow you to postpone paying taxes on your investment until you start taking withdrawals. But the IRS will eventually get those deferred tax dollars from you - thanks to a regulation called Required Minimum Distributions, or RMDs. Learn when you must start taking withdrawals.  

Step 2: From retirement savings accounts to pensions to Social Security, you may have many sources of retirement income.

If you're still working, get a solid understanding of how they can add up to help you meet your retirement goals with this interactive educational experience.

Step 3: Estate planning and beneficiary designations.

Of course, you’ll want affairs to be in order. Find out about estate planning and beneficiary designations here. 

Step 4: Consider working with a professional as you plan your financial future. 

There are many things to think about. Think about working with a professional as you plan your financial future. They can help you make sense of a complex situation. 

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This material is provided for general and educational purposes only; it is not intended to provide legal, tax or investment advice.  All investments are subject to risk.  We recommend that you consult an independent legal or financial advisor for specific advice about your individual situation.The information herein is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding tax penalties. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor.Securities offered through Voya Financial Advisors, Inc. member SIPCNeither Voya nor its affiliated companies provide tax or legal advice. Please consult with your tax and legal advisors regarding your individual situation.