Retirement Checker Sample – Independent Check

Age

Gender

Male Female

What is your target retirement age ?

Do you know how much your retirement will cost?

Yes, I have a good idea. No, I don’t really have a feel for this.

If yes, can you state the figure?

Have you had a State Pension Forecast produced?

Yes No

Have you had a Cash Flow Forecast produced in the past 12 months projecting your finances from here to retirement and then throughout your retirement years?

Yes No

Have you got a Financial or Retirement Plan in a format that you can access if someone asked to see it now?

Yes No

Have you thought about retiring earlier than your target retirement date?

Yes No

Have you assessed the financial impact or difference between these different dates?

Yes No

Have you considered the impact of long-term ill health either before or after retirement?

Yes No

Have you considered the impact of needing to pay expensive care fees or health costs during your retirement years?

Yes No

Have you considered the impact of losing capacity to make your own decisions?

Yes No

Do you have a good idea of the percentage chance you, or you and your partner, have of individually living to certain ages?

Yes No

If you are a couple, the percentage chance of one of you living to a certain age (i.e. the second death)?

Yes No

Do you have a good idea of the difference between life expectancy and longevity?

Yes No

Do you have a good idea of the difference between life expectancy and healthy life expectancy?

Yes No

Is the legacy you leave behind after death important to you?

Yes No

Would you like to leave a legacy, make gifts, help family or friends, in your lifetime?

Yes No

Have you got a Will that has been written or reviewed in the past five years?

Yes No

Which best describes how you feel about your retirement?

I am very confident that I have prepared for my retirement and am financially secure, and have covered all eventualities (e.g. ill-health, unexpected events or expenses). I have made significant provision, but feel uncertain about my exact prospects for retirement. I need to get my retirement prospects assessed. There is a part of my retirement planning I need more guidance with. I would like to retire early but do not have an accurate idea of how feasible this is. I would like to retire early but do not have an accurate idea of how feasible this is. I would like to get a detailed analysis of my pension(s). I need to take action to improve my retirement prospects.

The Retirement Checker