New Year’s often brings new resolutions and goals, providing the perfect opportunity to establish goals for your retirement. Settling into retirement can be a time-consuming process but by establishing these goals, you’ll be more prepared, creating greater ease for this future transition.

What does your retirement lifestyle look like?

• Relaxed living and greater peace of mind?
• A blend of independent and community living?
• Greater social connection?

What retirement option best suits you?

• Downsizing?
• Community Village living?
• Residential Care?

Answering questions such as these will provide you with greater clarity for the goal setting process. The sooner you begin, the more time you’ll have to consider the retirement options available to you and the one best suited to your needs.

Budget
Through the establishment of your future goals, the budget required for your desired retirement can be determined. One of the benefits of getting ahead by completing the goal setting process now, is extended preparation time. This will reduce stress and provide greater ease in ensuring your finances align with the future you’ve envisioned. You could do further research by talking to your financial planner, and getting in contact with our Warrigal Sales team to find out more about the costs involved when moving into a Community Village.

Timeline
An important element of the goal setting process is establishing your retirement milestones. Through this timeline you’ll create a guide, helping you remain on track to achieve your desired lifestyle. By establishing this timeline now, you’ll put yourself ahead for a stress-free retirement.

Flexibility
When considering your goals, it’s extremely important to allow for flexibility, accounting for the unexpected. Unforeseen changes in your own life, the life of a loved one or the wider community, may bring forward or push back your retirement milestones. The stress of unexpected events can lead to a rushed decision-making process, causing future regret. The earlier you begin setting your goals, the better prepared you’ll be for the unexpected, and the less strain this will put on achieving your ideal retirement lifestyle.

The goal setting process can be overwhelming but we’re here to offer support, helping you navigate your retirement journey. Chat with us now on 1800 927 744 or email us at villagesales@warrigal.com.au and begin the goal setting process.

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