Planning Gaps: Why Health and Lifestyle Matter as Much as Money
When people think about retirement, they often focus on the dollars. Yet research shows most pre-retirees have major blind spots – and they aren’t financial.
The Numbers Behind the Gaps
A National Seniors study found that 62% of pre-retirees have a financial plan. Only 24–27% have a health plan, and just 17–26% have lifestyle or social plans.*
Why It Matters
Retirement happiness doesn’t just depend on income. The Retirement Happiness Index highlights three key drivers: financial security, good health and purpose.**
Final Thought
Money is important – but it isn’t everything. A well-rounded retirement plan includes financial, health and lifestyle strategies.
References
- National Seniors Australia. What Next? Workforce Transitions, 2024.
** Challenger. Retirement Happiness Index, 2024.
Disclaimer: This information is of a general nature only and does not constitute advice. It has been provided without taking account of your objectives, financial situation or needs. Because of this, we recommend you consider, with or without the assistance of a financial adviser, whether the information is appropriate in light of your particular needs and circumstances. Hendrie Financial Strategies is a corporate authorised representative of the Madison Financial Group Pty Ltd, Australian Financial Services License No 246679, ABN
