Augusta
VIP Contributor
Getting to retire is for everyone and it has a definite time. it is just like death it is inevitable it will come when it should and as a worker approaching your retirement date you need to be prepared to embrace it.
Because you are alive to get to it, you should be. ready which means you should have put things in place so that as it arrive you would be ready to start living in it. So how can you ascertain that you are ready to live joyfully during your retirement.
The below checklist will help you know your level of preparedness for your retirement.
knowing your retirement date.
You wouldn't know how fast or slow to get ready when you don't know your retirement day or date. Find out from the HR when this will be happening to know
What are your retirement needs.
You should know your retirement needs to plan on how you would be able to fulfill them.So understand and know your needs
Source or. sources of income to meet your retirement needs
Another area you would need to get prepared Is your sources of income.Apsrt from your pension and maybe gratuity you would be expecting. Have you though of other sources
Evaluate the appropriateness insurance
Do you have insurance policy you have undertaken that will be useful to you during the retirement period
Spending rate
is your planned retirement spending rate is maintainable.
Because you are alive to get to it, you should be. ready which means you should have put things in place so that as it arrive you would be ready to start living in it. So how can you ascertain that you are ready to live joyfully during your retirement.
The below checklist will help you know your level of preparedness for your retirement.
knowing your retirement date.
You wouldn't know how fast or slow to get ready when you don't know your retirement day or date. Find out from the HR when this will be happening to know
What are your retirement needs.
You should know your retirement needs to plan on how you would be able to fulfill them.So understand and know your needs
Source or. sources of income to meet your retirement needs
Another area you would need to get prepared Is your sources of income.Apsrt from your pension and maybe gratuity you would be expecting. Have you though of other sources
Evaluate the appropriateness insurance
Do you have insurance policy you have undertaken that will be useful to you during the retirement period
Spending rate
is your planned retirement spending rate is maintainable.
