Planning for Your Dream Retirement

Everyone has their own idea of what retirement will look like for them, whether it includes downsizing, travelling more, or moving to a gorgeous coastal location.

Enjoying the retirement lifestyle of your dreams doesn’t just happen though. Planning ahead to ensure your finances are in order and you have everything in place will help ensure you get the most out of your retirement when the time comes. 

With so many factors to consider, it can be beneficial to visit a financial planner. Sharing your plans and setting goals alongside a professional can give you peace of mind, knowing you are on track and have your game plan in place for the future. If you currently own a home, it’s important to get a proper assessment on its value and make some decisions about downsizing. Other financial considerations include working out how long your super will last and how to make the most of your contributions, such as downsizing into your super. There may be other government incentives that a planner can help you take advantage of. Any other property or business assets should also be accounted for, including vehicles. This may be a good time to consider selling off unused assets and investing the profits towards your retirement plan. 

After sorting out your finances and putting a plan in place, the next step should be visiting your solicitor. With a clear financial picture, you can get your wills started or updated, ensuring that your estate is protected. Remember that any changes in your finances, such as selling or buying assets, will require you to update your wills. Having legal wills drawn up will save your estate both time and money in the long run. 

With your financial planning in place, you now have a realistic view of what your retirement might look like. Which means now you get to do the fun stuff! Time to start exploring different locations that you may be considering for downsizing. Visit potential lifestyle resorts and retirement villages to make decisions on what amenities are most important to you. Solana Lifestyle Resorts now offers two gorgeous coastal locations, with spacious floorplans, modern designs, and amenities ranging from recreation to mindful spaces. With professional and knowledgeable staff ready to answer any questions, and backed by Stockwell, Solana communities are perfect for your dream retirement!