Rest and Play
You have worked hard all your life. Balancing budgets, commitments, needs and desires. Now, as you come closer to retirement or are slowing down, at least there are more decisions to make and plans to put in place.
Planning for Retirement
Many of us dream of the day we’re going to retire and all the things we’re going to do with our newfound free time. Yet, many of us aren’t sure what we need to do to prepare for it as the time approaches.
For a happy retirement, you need to feel fulfilled, safe, and secure about the future. Preparing for your retirement can help make the transition smooth.
This can mean preparing for the emotional and social changes that come with leaving work. But you can also prepare practically for changes to your income and needs. Consider setting lifestyle and spending expectations for your post-work life. What do you want to do? Where do you want to live? What changes need to be made to maintain your health and independence? And how can you start getting ready for those changes now? 1.
You need both purpose and safety
A sense of purpose helps you feel good about your life. It can drive you forward to grow, impact others, and give you resilience when things go wrong. Feeling safe is what then gives you the space to rest and appreciate your time well spent. And you deserve it!
So, how can you secure your happiness for the future? Read more...
So, if you’re thinking of making the transition into retirement soon, download our Retirement Planning Checklist to explore a few things you should be thinking about – and doing – in the lead-up to it.
It’s never too early to plan for your retirement.
This page is under construction. To help us get it right, please email me what you would like to see or learn about retirement. Together we can make a bigger difference.
Our services
We offer a range of specialized services tailored to meet your individual needs. Our approach is focused on understanding and responding to what you require, providing effective and practical solutions.
Considerations
You may be at a point in your life where you’re thinking about retiring. This could mean you’re reducing your work hours or stopping work completely.
There are many things to consider about life in retirement. Some of these things could include:
- where you want to live when you retire
- travel overseas or around Australia
- keep your car
- join a social group
- volunteer work
- Start your own business.
Plan
Good planning can increase your financial security in retirement.
Once you’ve worked out how you want to live, consider setting up a suitable financial strategy. Ideally, your strategy should provide things like:
- regular income to meet your regular expenses
- access to long-term capital growth
- a cash reserve to cover emergencies
- a balance between risk and return.
Your financial strategy in retirement is unique to you because it will help you reach your goals.
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Enterprise
We offer a range of specialized services tailored to meet your individual needs.
Sources
https://www.liveup.org.au/articles/how-to-prepare-for-retirement