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When your kids get their p-plates it’s time to check off this list
Attention all parents of newly P-plated drivers in Australia – this is your warning light flashing.
First published in The Age and Sydney Morning Herald on 13th May, 2023 here
Attention all parents of newly P-plated drivers in Australia – this is your warning light flashing. As the last of your kids become independent drivers, it’s time to take a long, hard look in the rearview mirror and ask yourself: what’s next for me?
For a long time, you’ve been focused on the very exciting and sometimes challenging process of raising your children and putting their needs first. But now, with their newfound independence imminent, it’s time to take control of your own life and start living your ‘prime timers’ lifestyle and preparing for your retirement.
So buckle up because we’re about to take a ride through the ultimate checklist for making the most of your post-parenting, pre-retirement years, and beyond.
First things first, it’s time to check your finances and start planning properly for your retirement. This is a big area of focus in your fifties – or it should be.
For most people, (even if you’re starting your savings now), if you are invested, the money you have in superannuation will double every seven to ten years depending on what you invest in, just through the benefits of compound investment. So, your goal should be to … Read the whole story on the Sydney Morning Herald here.