Retirement is ripe with opportunity but it’s a journey, not a destination. And like any journey, you’ll need to make decisions constantly to stay on track and enjoy the lifestyle you’ve worked hard for.

Many people develop a plan at the time of retirement. But once they reduce or stop work, the plan fast becomes dated. Don’t let this to happen to you.

You’ll need to keep making choices about your income and investments, government benefits, your super, tax and estate planning strategy. Did you know, for example, that your eligibility for government benefits can change over time? This year you may not qualify for any age pension, next year you may. Some people never find out.

Perhaps you find yourself “asset rich” and “cash poor”. What are your options? Should you move house? Consider a reverse mortgage? Or would selling other assets help more?

Perhaps you want to leave assets to the next generation. Turning assets into cash might be convenient but the tax impact can be significant. And the rules are different for the family home, your super and other assets. If you decide to SKI – Spend The Kids Inheritance – your financial needs will be quite different again.

Finally, around one in five Australians die without a valid will. You’ll need one, and perhaps a Power of Attorney too in case of health problems.

The last thing most retired people want is to spend their time worrying about these issues, yet many do. Don’t be one of them.

Make an enquiry or see an adviser now, or use the menu on-screen to explore your retirement options further.