Ready to retire in 5 years? Here’s your checklist

Margaret Giles, Morningstar

Many of the best investing moves are made on autopilot. Just look at the track record of automatic payroll deductions and savings increases.

Other investing decisions, like a transition into retirement, require a more hands-on approach.

Christine Benz, Morningstar’s director of personal finance and retirement planning, recommends taking a preemptive approach as you get closer to retirement. The key is to visualize what you want your retirement to...