7 Key things to consider before retiring

Retirement is a social construct and the age of retirement is usually linked to state pensions. Some folk decide to become “old” just because they have reached 65! We need to remind ourselves that a young person does not stop being young just because he / she gets older. The challenge of retirement is to have the financial resources to maintain the lifestyle we prefer and not run out of life style! 

There are only so many variables that can be adjusted when preparing for retirement. Here are 7 of the most common.

1. Lifestyle.
2. House /  Accommodation.
3. Inheritance.
4. Paid work.
5. Other Income (if any).
6. Age (when to retire).
7. Investment Returns.

We all crave certainty and have an image of our retirement years similar to a picture postcard on which we seldom see rain falling. Real life brings rain! Flexibility is the key. We do not know how our health will hold out, what inflation will do to our investments and as Uttarakhand residents would add, how a flash flood  can change everything.

Get a plan in place to to help you navigate through retirement and start by requesting a Financial Health Check then make a time to discuss your plans with us. Then get on with life!

Call 7200039282 now for expert and personalized retirement planning.