The 5 Years Before Retirement Matter More Than You Think

The five years before retirement can be some of the most important financial years of your life. In this video, Vineet Singh from Astonia Private Wealth shares the story of Michael and Karen, a couple in their late 50s who were planning to retire around 63 but had no clear retirement strategy in place. Through their example, we explore five key retirement decisions that many Australians overlook before retirement, including super contributions, carry-forward contribution rules, mortgage planning, Transition to Retirement strategies, sequencing risk, drawdown planning, and Age Pension eligibility. This video is especially useful if you are in your late 50s or early 60s and want to understand how the right planning before retirement can help you make better use of the money you have already built. Book a complimentary initial conversation with Astonia Private Wealth: www.astonia.com.au 00:00 Introduction: The Retirement Mistake Many Couples Make 00:50 Why the 5 Years Before Retirement Matter Most 01:20 Decision 1: Are You Using Your Super Contribution Window? 03:00 Decision 2: Paying Down the Home Loan Before Retirement 04:30 Decision 3: Protecting Super From Sequencing Risk 06:00 Decision 4: Creating a Retirement Drawdown Plan 07:45 Decision 5: Age Pension and Benefits You Might Be Missing 09:10 Bringing the 5 Retirement Decisions Together 09:40 Final Takeaway: Decide More Before You Retire 10:30 How Astonia Private Wealth Can Help 11:30 Important General Advice Disclaimer 12:44 End Follow us on: LinkedIn (Vineet):   / singhv   LinkedIn (Astonia):   / astonia-private-wealth   Instagram:   / astonia_pw   Facebook:   / astoniapw   DISCLAIMER The content on The Wealth Planning Centre and Astonia Private Wealth YouTube channel is provided as general advice only. It does not take into account your personal objectives, financial situation, or needs. You should always consider your own circumstances and seek personalised financial advice before making any financial decisions. General advice is provided by Astonia Private Wealth Pty Ltd, trading as Astonia Private Wealth, an Authorised Representative of GPS Wealth Ltd (AFSL 254544).