Timing Your Retirement
Research reveals that the happiest ‘retirements’ are those with balance, structure, strong social contact and yes, a little work. You may also need expert advice from a financial planner on timing your retirement and to make the most of your money.
It is, however, important to remember that while money, (how much you have and how long it will last) plays a vital part in the timing of your retirement, your emotional readiness should hold equal weight. There are many factors to consider when deciding if you’re emotionally ready to retire, such as your relationships, support network, how you plan to keep yourself busy and what you hope to achieve from the next stage of your life.
Will you get an Age Pension? Will your money last? What does retirement mean to you? And of course, what don’t you know? YourLifeChoices can help you make better retirement decisions.
Staggering number of YourLifeChoices members don’t ever want to retire from work.
What comes to mind when you think of your retirement? Is it excitement?
Australia has ranked second in a study measuring the resilience of global workforces.
Retirement coach Peter Black tells what he has learnt about working past 65.
Join YOURLifeChoices, it’s free
- Receive our daily enewsletter
- Enter competitions
- Comment on articles