Share on LinkedInShare on LinkedIn

ARTICLE · 26 JANUARY 2016

Transition to retirement plan

It is essential to start considering transition to retirement earlier rather than later, and to seek advice for a plan.

AustraliaEmployment and HR

THE TRANSITION TO RETIREMENT

For over 20 years I have been advising clients on the transition to retirement and what matters they need to address both personally and in their businesses. I am now about to run a seminar on "10 years to Retirement" and I thought, that's me. I am part of the audience. Like most business owners, when I look at my business I am proud of what I am a part of and it will be difficult to depart from it. At the same time it is important to plan for this to occur. Some of these things need to be considered now rather than later.

Retirement shouldn't be a spur of the moment decision for anyone. Every individual has individual circumstances to consider about when is the right time for them to move on from their working life into the next stage. This is both a financial decision and a personal one. Is your financial position secure enough for you to stop working? What about you and your family? Have you decided how you will spend your time?

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from