Financial Planning Issues for 55 – 64 year olds generation

Lifestyle: Active preparation for retirement, Plan new interests to replace work activities. Need for preventative health programme. Move to smaller home/location, provide support to children/grandchildren

Earnings: create new career/income stream, understand pension and retirement income requirements

Expenses: health care/wellness programmes, create a new pre-retirement budget, extras for grandchildren

Investing: Invest carefully for retirement, adjust risk profile