Think about any upcoming credit checks.

If you’re considering downgrading and moving to an apartment, your credit score’s impact on retirement matters in maintaining a high credit rating. Experts say that credit profiles and scores can affect the ability to rent an apartment.

Landlords will usually run a credit check for a new tenant. Many companies will also look at credit when setting life insurance rates. If you plan to work part-time, you’ll also want to know where your credit stands before applying for a position.

Employers can check credit reports and frequently do so for jobs requiring access to large amounts of money or sensitive information.

The application process for a long-term care residence, like continuing care retirement community, generally involves running a credit check as well.