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When I'm at work: retirement planning - Fact sheet

What is retirement?

Retirement is a time when you stop doing something. People retire from their work, the football team they have been playing with, a committee they have been on, and so on.

Retirement from work is when you no longer go to work and receive money for the work you do.

People retire from work for different reasons.

Why should you plan for your retirement?

While you are still at work, it is a good idea to think about why you want to retire and when. Spending time thinking about what you want to do when you no longer go to work, and talking with people about it, will help you make your decision. This is called retirement planning.

Do you know what you want to do with your time when you retire? Retirement will mean you will have time to do the things you have always wanted to do but couldn't, because you were at work.

It is important to think about what you would like to do instead of going to work. It is also important to think about some of the things you won't be able to do anymore when you stop going to work.

What are your choices? You could:

What is best for you?

How can you plan for your retirement?

There are many things you need to think about that will help you make your decision about when to retire.

There are also many resources available to you help you plan for your retirement.

One way you can plan for your retirement is by attending the meetings held here at work about retirement planning.

You should talk with experienced people about the many questions you will have while you are making your decision about when to retire.

Who can you contact for more information?

There are lots of print and electronic resources available about retirement planning. Many of these are available free from government, financial and retirement advisory services.

Check your telephone book for information that is available in your community.

The list below provides some examples of places that may be relevant to you.

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