We’re on the home straight in this season now, and today, we’re talking about the decisions we need to make at the point of retirement. It’s probably the biggest transition of all in our financial lives, so this is an important episode.

Season 25 – Finance OS

1. Introduction
2. Budgeting
3. Emergency fund
4. Pension enrolment
5. Paying off expensive debts
6. Completing the foundation of insurance
7. Goals – Part 1
8. Goals – Part 2
9. Taking stock and reviewing
10. Approaching retirement
11. At retirement
    
    Everything You Need To KNOW
    1. You should have these things done.
       • A clear understanding of your spending.
       • What income is coming in and when.
       • DC pensions should be known and if possible, consolidated.
       • All other, non-pension investments, collected together and simplified to the extent that you are comfortable.
       • Decide how involved we want to be in terms of ongoing investment management.
       • Moved the first couple of years’ spending needs into cash.
    2. Switch from saving to spending.
    3. Investing should be different in retirement.

    
    
    Everything You Need To DO

    1. Work out your tax position for the first five years.
    2. Make sure the cash is in the right place.
    3. Take a view on income vs capital withdrawal.
    4. Build a cashflow ladder.

    
    

12. Retirement early years – The danger zone
13. Retirement reviews
14. Later life
15. Question and answer session

At the end of the season we’d like to tie things off with a Q&A session, answering the key questions that you ask throughout. hello@meaningfulmoney.tv SUBJECT LINE: Season 25 Question or similar. We’ll sort them and try to answer as many as we can, but likely we’ll pull out themes and deal with them. If the outline we’ve gone over today raises any questions, get them in now – we can also answer them as we go along. If we get tons of Qs we can always do two Q&A sessions.

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