4 Things You Need to Do Before Retiring Other Than Save Money Of course you need to consult your finances before calling it quits. But, that shouldn't be the only thing you do.

By Phil Town

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Phil Town gives viewers five things they need to do before retiring. The first is the most obvious -- you need to make sure your finances will allow you to retire.

But, too many people think that financial readiness is the only preparation you need for a happy retirement. Town wants to give a more wholistic approach to getting ready to retire -- and for all of the extra time that will come with it. If you're an entrepreneur, you're probably driven to action. Do you have a plan for what to do with your drive when you no longer have to go into the office?

Click play to learn Town's advice.

Related: Should You Invest in Bitcoin (or Any Other Cryptocurrency)?

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Phil Town is an Investment Advisor, Hedge Fund Manager, 2x New York Times Best-Selling Author of Rule #1 & Payback Time, and Ex-Grand Canyon River Rafting Guide. Rule #1 Investing is Warren Buffett style investing, teaching you how to buy businesses on sale, with little risk and 15 percent returns. In fact, Rule #1 investing is practically immune to the ups and downs of the stock market.

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