{
    "success": true,
    "data": {
        "id": 1804643,
        "msgid": "financial-preparations-to-make-ahead-of-retirement-1781524316",
        "date": "2026-06-15 17:33:18",
        "title": "Financial Preparations to Make Ahead of Retirement",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Finance",
        "summary": "Retirement should be viewed as a new phase of opportunity rather than the end of a career. Early financial planning is crucial to maintain quality of life, covering aspects from setting clear post-retirement goals to calculating necessary living, health, and emergency funds. Proactive steps taken years in advance can help build new income sources and avoid common challenges like reduced monthly income and rising healthcare costs.",
        "content": "<p>Many people view retirement as the end of a career journey. In fact,\nretirement can be the start of a new phase of life full of\nopportunities, from developing a business and pursuing long-delayed\nhobbies to spending more time with family.<\/p>\n<p>Many workers only begin to think about retirement when it is just a\nfew years away. Yet, the earlier preparations are made, the greater the\nopportunity to build new income sources and maintain quality of life\nafter no longer receiving a monthly salary.<\/p>\n<p>As an illustration, an employee who will enter retirement in the next\nfive years can already begin preparing a family business, investing in\nproductive assets, or developing skills that can become a source of\nincome after retirement.<\/p>\n<p>Without adequate preparation, retirement can pose various challenges,\nranging from reduced monthly income and rising healthcare costs to the\nloss of productive activities that have been part of daily life. Here\nare some steps that can be taken to prepare for retirement more\noptimally.<\/p>\n<ol type=\"1\">\n<li>Determine Retirement Goals<\/li>\n<\/ol>\n<p>Everyone has a different vision of retirement. Some want to focus on\ndeveloping a business, others want to be more socially active, and some\nwant to enjoy time with family.<\/p>\n<p>Therefore, the first step to take is to determine retirement goals\nearly on. With clear goals, one can more easily devise a financial\nstrategy and determine the funds needed in the future.<\/p>\n<p>For example, if planning to open a business after retirement, there\nwill certainly be a need for capital to prepare. Likewise, if one wants\na more comfortable residence or other productive activities.<\/p>\n<ol start=\"2\" type=\"1\">\n<li>Calculate Retirement Fund Requirements<\/li>\n<\/ol>\n<p>After having a picture of post-retirement life, the next step is to\ncalculate the required funds. This calculation includes daily living\ncosts, healthcare needs, emergency funds, and various plans to be\nrealised after retirement. By knowing the estimated fund requirements,\none can more easily determine the financial steps to take from now on so\nthat these goals can be achieved.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/financial-preparations-to-make-ahead-of-retirement-1781524316",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}