When you have confidence that you have prepared financially and emotionally for the transition ahead , that you have enough to give you the lifestyle you want for as long as you need

How Much?

There is capital expenditure and then addressing where your income will come from

Capital expenditure:

• Do you intend to move ? sea change , tree change , downsize?

• This will require or release capital

• Any liabilities or loans to clear , home renovations , vehicle purchase

• This then gives you a net capital position available to invest

Income consideration

• What lifestyle do you want ?

• Base lifestyle expense then allowances for other objectives ie holidays , family, etc

• Income generation also takes into account all sources :

• Superannuation , savings, assets that can be sold

• What Age you intend to retire , ie Age 67 if you are looking for Centrelink pension support