Even though your retirement planning is helping you get ready for your last day of work, take the time to start thinking about what your life will be like after retirement. Will your financial situation be stable once you start receiving your pension, or will you need to supplement your income with your personal savings or Social Security? What will your health insurance situation be like when you are no longer working? These are important questions to ask before you file for retirement, and it’s the perfect time to start finding answers.
Preparing for Retirement: Part Four – Plan Outside the Box
The Preparing for Retirement 7-part video series discusses the main aspects of retirement planning to help NYSLRS members nearing retirement make good, informed decisions for the future. In Part Four – Plan Outside the Box, you’ll hear about other aspects of retirement planning you may be overlooking. By making sure your post-retirement financial situation is secure, you can be better prepared for the future.
Important Links for Retirement Planning
- NYSLRS Home Page
- Social Security Administration
- Getting Your Affairs in Order and A Guide for Survivors
- Where My Assets Are (worksheet)
- New York State Civil Service – Retirees
- Life Changes: How Do I Prepare to Retire?
- Find Your NYSLRS Retirement Plan
Where to Find More Retirement Planning Information
If you are close to retirement and have more questions, consider scheduling an appointment to meet with an information representative at one of NYSLRS’ consultation sites in New York State. Don’t forget to check back for the rest of the Preparing for Retirement video series, which includes retirement planning topics like: