Retire VA 2019 - 8

G

ETTING READY FOR retirement
is like planning a trip. Where do
you want to go? What do you want
to do along the way and what will you be
doing once you get there?
In other words, what are your GOALS
AND DREAMS FOR RETIREMENT? Is it
to spend more time in the garden and
with the grandkids? Or is it a trip around
the world? Obviously, what you need to
do to prepare for those two scenarios

will be very different. Would you like to
leave a legacy for your children? Are you
charitably-inclined? Have you thought
about the "what if's" - what if things
don't go according to plan or something
unexpected happens? Do you have
contingency plans in place?
Consider the FOUR PARTS OF A PLAN
that are fairly easy to do and can have a
big impact first before moving on to the
budget:

1. Do a beneficiary review
on all your retirement
accounts and life
insurance policies. There
are many stories of an
ex-spouse mistakenly
still being listed on an
account or policy and
beneficiary designations
take precedence over
the wishes expressed
in a will, so it's worth a
double check.

8 / Retire-VA.com / RETIRE-VA 2020



Retire VA 2019

Table of Contents for the Digital Edition of Retire VA 2019

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