The document outlines seven steps to retirement readiness: 1) Start saving now and save consistently, 2) Set retirement goals such as when you will retire and how much you will need, 3) Get educated about retirement options using workplace resources, government websites, and specialists, 4) Determine how much income your state pension will provide and when, 5) Find out about any workplace pension plans and sign up, 6) Increase personal savings if benefits will not be enough, 7) Be flexible and prepare for potential loss of income prior to retirement.

1. THE CHANGING FACE
OF RETIREMENT
SEVEN STEPS TO RETIREMENT READINESS
1 TAKE ACTION NOW
Start saving right away
and save consistently
When will you retire and
how much will you need?
SET YOUR GOALS
2
3 GET EDUCATED
Use your workplace, government
websites and specialists
Find out how much and when
state pension will deliver
STATE PENSION
4
5 WORKPLACE
PENSION
Find out what plan your
workplace offers and sign up
Increase your personal savings
if benefits are not enough MAKE A PLAN 6
7 MAKE A PLAN B
Be flexible, prepare for loss
of income before retirement
The Changing Face of Retirement – The AEGON Retirement Readiness Survey 2012