What do I do now?

Dream Big

All retirement planning is done with one primary objective; to create an income stream that you cannot outlive. For some, retirement means more time for hobbies, rest and relaxation. For others, it may mean travel and volunteering. Whatever you decide, it’s time to determine if all the possible sources of income you’ve established will cover the expenses required to make your retirement dreams come true.

plan carefully

You have a vision, now it’s time to determine when you can make it a reality. The amount you need to save will depend on many factors, such as: years in retirement, income sources, lifestyle desired and medical expenses. Some spending habits may need to be adjusted to meet your goals or you may be right on track. It’s a balancing act of paying off debts, saving, investing wisely & waiting for the right time.

Enjoy the rewards

As you end your working career it’s important to smoothly transition your assets into a steady income stream. There are several strategies to stretch that hard-earned money you’ve accumulated & ensure you live the lifestyle you want. Although your retirement plans & needs will continue to evolve, your focus post retirement may shift to establishing your legacy and protecting your loved ones.