Career

For most Australians their retirement date is decided by something outside their control…. Retrenchment, illness, disability or death. That’s why it’s best to start retirement planning early to be prepared for any eventualities.

But for those contemplating retirement, it’s a big decision. It’s a decision to be seriously thought through carefully and to ask yourself a number of serious questions.

. Is this a permanent decision to retire or just an extended break?

The way Australians retire has changed dramatically over recent years. Retirees are now encouraged to take on part time work or even periodically come back to fulltime employment.

Retirement is no longer being put out into permanent employment pasture… unless you want that of course.

So it’s best to work out from the start what sort of retirement you want because the prospect of that extra income and stimulation can do wonders for your retirement lifestyle.

. Do I really just want a change of career?

Analyse the reasons why you want to retire. For many it can come from frustration with your current job.

“I hate this job and I’m at an age where a lot of my mates are retiring so bugger it, I’m going to throw in the towel and live the good life”… that sort of thing.