Changing priorities

Restoring the balance
This stage sees active retirement preparation, a downsized home and part-time work. Health considerations are paramount, savings and investments critical, budgets are revisited, increased financial education is vital.

Strategy

Debt reduction is the key. As you edge closer to retirement, a more defensive investment approach may be warranted. Insurance needs (except health) should diminish. You should be trying to maximise your super, and learning more about the different retirement strategies now available.

Do you need further advice?

Your checklist



 Debt reduction


Defensive investment


Revisit Superannuation

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