Friday, 10 January 2014

Retirement Planning Checklist



My research on retirement has certainly uncoverd a lot of information on the importance of pre planning. 
Based on my research I started a list of what I need to do before I retire.  It is in no particular order.  It is a dynamic document - definitely not final but hopefully I will be removing things at a rate faster than adding them!   Everyone's list will be different, here's mine..... Do you have a list?
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  1. Attend pension retirement seminar
  2. Schedule an appointment to review pension options and process
  3. Review pension options by year - ages 55 - 60
  4. Research and comparative shopping for  benefits in early retirement
  5. List of annual expenses
  6. Explore alternative to satellite expenses 
  7. Develop a post retirement budget and live on it for three months
  8. Reorganize basement
  9. Make a list of home improvements to tackle before retirement
  10. New roof
  11. New central air conditioning
  12. Renovate main floor powder room
  13. New area rug dining room
  14. New area rug living room
  15. Redesign front including driveway, porch and sidewalk
  16. Landscape plan for house front
  17. Purchase and plant new landscape design
  18. Dig up plantings at side of house
  19. New plantings for side of house
  20. Landscape plan for backyard
  21. Purchase and plant new backyard landscape design
  22. Redo photos in front hall stairway
  23. Renovate main washroom second floor
  24. Kitchen renovation
  25. New patio doors for basement
  26. New interior doors upstairs
  27. New windows
  28. Murals in each staircase 
  29. Take down basketball hoop
  30. Research  two organizations to volunteer my time 
  31. New laptop
  32. Gain experience in social media
  33. Research about long stay winter vacations
  34. Research tax implications of retirement
  35. Reinvent what work may look like for me - explore options - do I really not want to work at all
  36. Research on protecting  assets
  37. Research on dividends
  38. Start taking Advantage of Age Discounts
  39. List of new things to do - " I might want to try"
  40. Pick and Prioritize Dream trips
  41. Plan retirement celebration trip
  42. Recalibrate Fitness Routine
  43. Comprehensive Medical Check up
  44. Comprehensive Dental check up 
  45. Research on complementary business for market space
  46. Name for new business
  47. Renovation of space for new business
  48. Inventory for business
  49. Transformation of inventory to sell
  50. Online set up of business
  51. Launch business
  52. New blog related to new business
  53. Research on Canada Pension plan options
  54. Update estate planning
  55. Develop a list of retirement projects (don't start them before retirement)
  56. Assessment by naturopath
  57. Assessment by acupuncturist




















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