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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Attend pension retirement seminar- Schedule an appointment to review pension options and process
- Review pension options by year - ages 55 - 60
- Research and comparative shopping for benefits in early retirement
- List of annual expenses
- Explore alternative to satellite expenses
- Develop a post retirement budget and live on it for three months
- Reorganize basement
Make a list of home improvements to tackle before retirementNew roofNew central air conditioningRenovate main floor powder roomNew area rug dining roomNew area rug living roomRedesign front including driveway, porch and sidewalkLandscape plan for house frontPurchase and plant new landscape designDig up plantings at side of house- New plantings for side of house
- Landscape plan for backyard
- Purchase and plant new backyard landscape design
Redo photos in front hall stairway- Renovate main washroom second floor
- Kitchen renovation
- New patio doors for basement
- New interior doors upstairs
- New windows
- Murals in each staircase
- Take down basketball hoop
- Research two organizations to volunteer my time
New laptop- Gain experience in social media
- Research about long stay winter vacations
- Research tax implications of retirement
- Reinvent what work may look like for me - explore options - do I really not want to work at all
- Research on protecting assets
- Research on dividends
- Start taking Advantage of Age Discounts
- List of new things to do - " I might want to try"
- Pick and Prioritize Dream trips
- Plan retirement celebration trip
- Recalibrate Fitness Routine
- Comprehensive Medical Check up
- Comprehensive Dental check up
Research on complementary business for market space- Name for new business
- Renovation of space for new business
- Inventory for business
- Transformation of inventory to sell
- Online set up of business
- Launch business
- New blog related to new business
- Research on Canada Pension plan options
- Update estate planning
- Develop a list of retirement projects (don't start them before retirement)
- Assessment by naturopath
- Assessment by acupuncturist
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