Do you have a minimum of three months worth of living expenses saved in a checking or savings account? Sometimes there are delays in the start date of pensions or Social Security. It is important to have savings you can rely on to cover your bills if you experience delays.Have you spent time analyzing your retirement expenses? Working through a before and after retirement budget is important. You must come up with an accurate estimate of what you spend now and what will change after retirement. Underestimating expenses is one of the biggest retirement mistakes people make.Have you looked at how you will cover medical expenses and health insurance - and included these items in your budget? Health insurance coverage can be expensive if you plan on retiring early. Medicare begins at age 65 but on average expect it to cover only about half of your total health care expenses.Do you know how your various sources of retirement income will be taxed? Upcoming retirees who don&#39;t realize that some of their income may need to go toward taxes are in for an unpleasant surprise. Retirees routinely neglect to factor in the impact of taxes when planning for retirement.Have you made a retirement income timeline to show you when different sources of income will begin? You can line up an income timeline against potential retirement expenses (also laid out in timeline format) to help you manage cash flow.Have you tried putting your numbers into an online retirement calculator? This helps you see how long your money will last. You can play around with decisions like retirement date, rate of return, and the rate of inflation, and see how these things may affect your retirement income.Have you used a Social Security calculator, or worked with a financial adviser who can give advice on your Social Security benefits? Don&#39;t begin benefits until you have done an analysis to see when it will be most advantageous for you and your spouse to each begin your Social Security benefits.Have you studied various types of retirement investment options to learn how they can be used to deliver consistent retirement income to you? Each investment choice will have it&#39;s own pros and cons. Best to learn how each tool works before you decide which is best for you.Have you created an investment plan so you have a disciplined approach to follow throughout retirement? An investment plan is like a job description. Once you know the job you need your money to do for you it becomes easier to make the right hire (select the most appropriate investments).Have you read at least one book on retirement planning? Your money needs to provide for you for a long time. You can&#39;t rely completely on other people to give you the best advice You need to know the basics.Have you had a fee only financial advisor who has expertise in retirement planning review your retirement plan? You can find advisors who will do this for a flat rate, as well as advisors who will manage your retirement investments and help with planning decisions. Getting a second opinion on such a big decision is probably worth it.If you have a pension do you understand your pension choices and know which one is best for you and your family? Pension decisions are irrevocable - meaning you cannot change them. These decisions should no be made without analysis.If you have a 401k plan do you know whether you will leave your money in the plan or roll it over to an IRA account? The right answer may depend on how old you are. If you are over 59 1/2, consolidating accounts is probably your best option.If you plan on working in retirement, do you know how your earnings may affect your Social Security benefits if you begin benefits before your Full Retirement Age? If you are under 66, have started benefits, and make too much, you may owe some of your Social Security benefits back.Do you understand the basics of your Medicare benefits and how much your Medicare Part B premiums may be? Medicare starts at 65, and Medicare Part B premiums are hefty for high income folks. Best to understand how it al works before you get there.