It’s finally here and you may have lots of plans – some already made but there may be some new ones you’d like to make too. Whatever your situation you won’t be receiving the regular income that your career brought you but if you have been savvy enough to plan, you should be financially. But it doesn’t mean that you should stop planning altogether.
Something to do before retirement is to look at your savings and investments and make sure they are in a good state.
Retirement for some does not mean giving up work altogether and you may consider a consultancy position; this may be for the extra income or to pass time.
Make sure you claim what you are entitled to. It could be more than the state pension and there may other government entitlements you may not be aware of.
Lots of food for thought here and below are other areas to think about:
- Lifetime gifts
- Consultancy vs. Employment
- Estate planning
- Second home(s)
- Emigration vs. Immigration