BDO’s Ready for retirement guide and checklist

Are you retirement ready?

The idea of retirement can be overwhelming. With concerns about financial pressures and the emotion of transitioning out of work, retirement planning can seem as daunting as it is important.

Although it may be a source of anxiety, it’s important to plan for this part of our lives. Avoiding the preparation stage will only cause more stress down the road, so we encourage you to start early, allowing time to build sufficient funds and make any necessary adjustments.

Preparing for retirement – a guide and checklist

In this guide, our private wealth team outlines the retirement journey and provides you with key concepts to support you in preparing a retirement plan, including a detailed checklist to kick-start the process.

We answer the questions we’re most commonly asked about retirement, such as:

  • What level of assets do I need to fund my retirement?
  • How do I decide where my retirement funds will come from?
  • What if I run out of money?
  • When should I leave work?
  • Should I be investing more, or less?
  • How are changing interest and cash rates going to affect my retirement funds?
  • Can I just address these things once I retire?

Download the guide

It is vital to assess your current position and the lifestyle you want to live in order to be prepared. To discuss how your portfolio is positioned in the context of your investment objectives and market risks, or to begin your retirement planning journey, contact your local BDO adviser.