Success in retirement takes many different forms but having a clear vision for your retirement, an understanding of your options and being well prepared are key ingredients to success.
How will your retirement look? It is difficult to answer this question but clarifying your thoughts is an important first step. Think about the following questions:
How do you want to spend your time in retirement and how different is that to now?
What activities would you like to continue doing or start doing in retirement and how different are they to now?
What is your health situation now and how different will it be in the next 3 years, 5 years, 10 years and more?
What is your financial situation now and how different will it be in retirement?
There are many ways to approach retirement and many things to consider, such as:
Personal development activities like learning a new language or learning how to play a musical instrument.
Travelling including overseas and within Australia
Working part time or volunteering for a local community organisation or not-for-profit
Remaining fit and healthy and engaging with local sporting groups and communities
Establishing new friendships and personal relationships
Picking up new hobbies such as gardening, cycling, going to the gym, arts and crafts, painting, photography and many more.