Preparing for retirement can be like the best laid plans – it may turn out different than expected. Like any strategy, the better prepared you are in advance the more flexibility you will have to adopt to changing circumstances. Nobody knows what the future holds.
In order to make the transition as smooth as possible it is suggested that you ‘practice retirement’ in advance. Perhaps this advice applies to most lifestyle choices we make. Pre-retirement you may be taking two or three weeks’ holidays every year.
Perhaps you should practice retirement first. In fact, having a transition towards retirement could actually be part of your retirement plan. This will hopefully increase the chances of you having a happy retirement.
Here are some suggested plans to make that will help you ensure a smooth transition to your golden years:
You never know what wonderful experiences lie ahead of you. A little retirement planning can help you be better prepared to enjoy your golden years in retirement.