As 2020 kicks off, it’s a great time to make sure your savings and investments are aligned with your goals and not creating unnecessary taxes. Here are some key steps. Figure out how much income you’ll need in retirement. You can do it at any age, but it’s especially important in your 50s and 60s. Many people can calculate it themselves using a retirement calculator on the web. Searching for “retirement income calculator” will give you a number of choices.