Golden years: 5 things you should know

Retirement planning isn’t just about knowing your number and the rule of 300. For a happy retirement, you need to think about more than just your pension pot…

1

Stay healthy. What exercise can you do to keep yourself

physically fit and what activities can you do to stay socially engaged? Good mental health is just as important as your physical health.

2

Consider downsizing. Will your current home be appropriate for your later years? Think about moving while you’re in your 60s or 70s while you’re still mobile and social.

3

Park the car. Consider how you will get around when you have to stop driving.

4

Plan for the worst and expect the best. Get organised and arrange your Lasting Powers of Attorney early.

5

Do your family a favour. Nobody wants to be a liability to others so get your will sorted.