In this episode of Money Extra, financial adviser Marc Bineham urges us to look at retirement from much more than a financial perspective. Emotional and physical aspects are just as important.
The big question to ask what will you do when you retire?
What are challenges to look forward to, and plan towards? Downsizing, travel, continuing to work but fewer hours? Ideally, you might continue to work because you want to, not because you have to.
How do you maintain your health and wellbeing for what might be decades ahead, now we live well into our eighties?
Have you discussed your retirement with your partner and family members?
And of course money: how to make sure it lasts, to ensure you have enough to see you through your retirement years.
More information:
- Marc Bineham from the Money Sandwich
- Choice: Retirement Planning Checklist
- NSW Government: Planning Your Retirement
- Better Health Channel: Retirement Tips
- Queensland Health: Mental Health in Retirement
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