The keys to properly preparing for retirement

 

Evaluate your future needs

To properly prepare for your retirement , it is essential to assess your future needs. A realistic budget must be established to take into account your current expenses (housing, food, health, etc.) but also the projects you wish to carry out during this period (travel, leisure activities, etc.).

The amount of your pension will depend on several criteria such as:

• Your retirement age

• The contribution period

• Your previous income

• Your family situation

It is advisable to regularly carry out simulations of your pension with the various tools made available by pension organizations. You will then be able to adjust your strategy based on the results obtained.

Optimize your sources of income

In order to maintain your standard of living when you retire, it is essential to optimize your sources of income. Investing in financial investments, creating an independent activity or setting up a retirement savings plan are all avenues to explore.

Financial investments

Financial investments are one of the solutions to prepare for retirement and generate additional income. Several options are available to you:

• Investing in rental real estate

• Develop a Stock or Bond Portfolio

• Set up an Equity Savings Plan (PEA)

• Take out a life insurance contract

Do not hesitate to seek support from professionals such as Altaprofits .

Independent activity

For those who wish to continue working after retirement, self-employment allows them to maintain a certain freedom while generating additional income.

The retirement savings plan

The retirement savings plan is a specific system dedicated to building up capital or additional income for retirement. There are several types of retirement savings plans:

• The individual PER (PERIN), accessible to all workers, including self-employed workers

• The collective PER (PERCO), set up by companies for their employees

• The categorical PER (PERCAT), reserved for self-employed workers

In order to properly prepare for retirement, it is interesting to note that you can also open a Retirement Savings Plan.

Anticipate retirement

To better prepare for your retirement, you should regularly check the status of your rights (validated quarters, points acquired) with the various compulsory and supplementary pension schemes. This approach will allow you to adjust your projects according to the evolution of your career and your personal situation.

If you believe that you have not contributed enough to receive a full retirement pension, there are different options available to you to improve your pension rights:

• Redeem missing quarters

• Subscribe to a voluntary premium scheme

• Postpone your retirement to extend your insurance period

Managing the transition between working life and retirement

Beyond the financial aspects, preparing for retirement well also involves a change in your lifestyle and your perception of time. Gradually, it will be necessary to replace habits linked to professional life with new activities and interests.

Take advantage of the retirement preparation plans offered by your company

Some companies offer their employees assistance in preparing for retirement. These measures can include individual support, workshops or training to better understand this new stage of life.

Develop your passions and interests

Retirement is an opportunity to devote yourself to activities that you have always wanted to practice but for which you did not have enough time during your working life. It could be a sporting activity, a voluntary commitment or even the realization of personal projects.

In short, preparing well for retirement requires a global reflection on your future needs, as well as anticipation of the different sources of income and the actions to put in place to maintain your standard of living. With appropriate planning and the appropriate advice, you will be ready to approach this new period with serenity