What do you think are the most important to dos pre age 55 for a successful retirement phase? Please help me prioritize and build on following thoughts:
A. Clear Budget for Retirement Phase with realistic cost assumptions
B. Financial Plan pre and post retirement
C. Transparency over income streams from all three pillars
D. Transparency over any additional income streams
E. Mortgage planning (as income drops banks may ask for pay down)
F. Completed last will and testament
G. Indicative decision on cashing out pension fund vs drawing an annuity
H. Health checks
Have I missed anything? What would your top 5 be? Thanks!
A. Clear Budget for Retirement Phase with realistic cost assumptions
B. Financial Plan pre and post retirement
C. Transparency over income streams from all three pillars
D. Transparency over any additional income streams
E. Mortgage planning (as income drops banks may ask for pay down)
F. Completed last will and testament
G. Indicative decision on cashing out pension fund vs drawing an annuity
H. Health checks
Have I missed anything? What would your top 5 be? Thanks!