Retire Right 401 the ultimate pre-retirement checklist
Dec 31, 2025
Join Martin McGrath, a seasoned financial adviser at Financial Edge Group, as he shares invaluable insights on preparing for retirement. He stresses the importance of reviewing and paying down debt, tracking your spending, and planning your lifestyle goals at least ten years in advance. Martin discusses the nuances of superannuation investment options, the impact of living arrangements on finances, and essential estate planning for blended families. He also addresses mortgage strategies and gifting considerations to optimize retirement planning.
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Couple Retires Early With Inheritance Bridge
- Martin presented a retirement strategy to a 55-year-old couple retiring early using an inherited lump sum.
- They couldn't access super yet but the inheritance bridged income until age 60 so they could retire then.
Get A Clear Snapshot Of Your Debt
- List every asset and every debt to get a clear snapshot of your financial position.
- Aim to be largely debt-free at retirement and plan how to eliminate big debts well before you stop working.
Escape The Consumer Credit Cycle
- Stop using easy consumer credit and fix a realistic budget to escape the credit-card cycle.
- Remove consumer debt before retirement because overtime and casual income options shrink when you stop working.