You are probably aged between 50 - 65, with teenage or adult children.  With established careers, this can be the time to consolidate your career or branch out and become self employed.

You own your home and are taking retirement planning seriously.  You have more free time and are spending more money on holidays.

What is at risk?

Your retirement plans.  

You need income to meet your ongoing lifestyle while saving for your retirement.  Your current family lifestyle could be affected.

What might happen?

You could suffer a heart attack, die from cancer, suffer a stroke and be permanently paralysed or do damage to your back while gardening.

What are the consequences?

Prematurely commencing retirement and drawing on funds too soon would throw your plans into disarray.  Your partner may have to work longer than planned.