Your 60s are an exciting and important season of life. For many, it’s a time of transition — preparing for retirement, looking ahead to new opportunities, and considering the legacy you want to leave behind. But it can also be a time of anxiety if you feel unprepared or unsure about your financial future.

As Christians, we know that money is not just about us. It’s a tool God entrusts to us for His purposes — to care for our families, meet our needs, and advance His Kingdom. That’s why wise stewardship is so important, especially as you near retirement. Here are 10 money moves that can help you honor God, provide for your loved ones, and live with peace and confidence in this season.

1. Review your retirement income plan.

Start by sitting down and honestly assessing your financial situation. What will your expenses look like in retirement? Where will your income come from — Social Security, a pension, retirement accounts, or part-time work? Remember, claiming Social Security early reduces your monthly benefit, while waiting until full retirement age or age 70 increases it.

2. Maximize retirement contributions.

If you’re still working, this is a golden opportunity to catch up on savings. You can make extra contributions to your 401(k), IRA, or similar retirement accounts. Think of this not as hoarding wealth, but as preparing wisely so you won’t be a burden on others and so you can be generous in your later years. Proverbs 21:20 reminds us, “The wise store up choice food and olive oil, but fools gulp theirs down.”

3. Reduce debt.

Debt can become a heavy burden, especially when you’re living on a fixed income. Make it a priority to pay off debts, and if possible, enter retirement mortgage-free. Scripture warns us that “the borrower is slave to the lender” (Proverbs 22:7), so free yourself from debt.

4. Review your investment allocation.

You’ve spent decades building your retirement savings. Now is the time to adjust your investments to reflect your stage of life. That doesn’t mean pulling everything out of the market, but it does mean finding a healthy balance between growth and stability. Trust God with what you have, and make sure your portfolio reflects both wisdom and faith, not fear. If you are unsure what your allocation should look like, this may be a great time to meet with a Certified Kingdom Advisor.

5. Plan for healthcare and long-term care.

Healthcare will likely be one of your biggest expenses in retirement. Take the time to understand Medicare, choose the right supplemental plans, and consider how you would cover the cost of long-term care if you needed it. Proverbs 27:12 says, “The prudent see danger and take refuge, but the simple keep going and pay the penalty.” Planning ahead is not worrying; it’s wise stewardship.

6. Update your estate and legacy plans.

Your will, power of attorney, healthcare directives, and beneficiary designations all need to be current and accurate. Consider how you want to leave a legacy—not just financially, but spiritually. What Kingdom work do you want to support? What values do you want to pass on to your children and grandchildren? You also should consider putting together an emergency binder for your family. The Essential Emergency Binder Pages can help.

7. Plan for Required Minimum Distributions (RMDs).

Starting at age 73, the IRS requires you to take distributions from most retirement accounts. These withdrawals are taxable, so it’s smart to plan ahead. You might explore strategies like Roth conversions or charitable giving from IRA distributions to reduce your tax burden and increase your impact.

8. Build a retirement spending strategy.

How will you withdraw your money in retirement? Which accounts will you tap first? How can you minimize taxes while ensuring you don’t outlive your savings? Make sure you have a thoughtful plan. You may want to consider keeping some cash reserves so you’re not forced to sell investments during downturns. Proverbs 21:5 says, “The plans of the diligent lead to profit as surely as haste leads to poverty.”

9. Consider downsizing or relocating.

Your current home may no longer fit your needs. Downsizing or moving to a more affordable area can reduce expenses and free up resources for giving, helping family, or simply reducing financial stress. Remember, your house should be a blessing, not a burden.

10. Stay alert to scams and fraud. 

Sadly, older adults are often targeted by scammers. Protect yourself by working with trusted financial advisors, setting up account protections, and involving family members where appropriate. Be wise, alert, and cautious.

Your 60s are a meaningful time to practice wisdom, stewardship, and generosity. Remember, it’s not just about making your money last but about using what God has entrusted to you for His purposes. By taking these ten steps, you can approach retirement with confidence, knowing you are faithfully preparing for the next season of life. And above all, trust in God, who promises to supply all your needs according to His riches in Christ Jesus (Philippians 4:19).