Off Duty - "How prepared are you for your retirement?"

Try the following quiz to see just how prepared you are for your retirement from the Job. The more times you answer "NO", the more preparation you need to put in! We suggest that both you and your partner complete the questionnaire - you may find any differences between your answers quite instructive!

You may print out this page for your personal use (or for that of a partner or colleague), but please note that this material is copyright Off Duty, and should not be printed or copied for general circulation without prior permission.

Your response		Question	Your Partner's response
Yes	No	Do you know what your pension entitlement will be?	Yes	No
Yes	No	Do you know what other benefits you may (or will) be entitled to?	Yes	No
Yes	No	Do you know how much money you will need to survive?	Yes	No
Yes	No	And do you know how much more you'll need to live comfortably?	Yes	No
Yes	No	Have you considered changing your mortgage payments to reflect your retirement date?	Yes	No
Yes	No	Do you know what your financial position would be if you were injured on duty tomorrow?	Yes	No
Yes	No	Do you know what you want to do when you retire?	Yes	No
Yes	No	Have you worked out what skills and knowledge you will need to do this?	Yes	No
Yes	No	Have you worked out what transferable skills you have?	Yes	No
Yes	No	Have you done anything to fill any gap between what you need and what you have?	Yes	No
Yes	No	Have you tried writing your own CV?	Yes	No
Yes	No	Have you asked anyone else about what they think you'd be suited to?	Yes	No
Yes	No	Have you spoken to anybody already doing the job you'd like after you retire from the police service?	Yes	No
Yes	No	Have you thought about how you'll fill your leisure time?	Yes	No
Yes	No	Have you taken any concrete steps to see whether this way of spending your leisure time really will suit you?	Yes	No
Yes	No	Do you know what your partner / family think about these plans?	Yes	No
Yes	No	Have you considered further education or charity work?	Yes	No
Yes	No	Have you made a will?	Yes	No
Yes	No	Have you discussed your retirement in detail with those close to you?	Yes	No
Yes	No	Are you sure you really are prepared for your retirement?	Yes	No

© Off Duty 2004

If you've got even one "No", you may find our monthly Off Duty newsletter useful. Register here >>>

In addition, if you're within a year or two of retirement, you can express interest in attending one of the Off Duty financial "Commutation - Yes or No?" seminars by registering here >>>.