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Retirement Readiness Scorecard

About This Assessment

Most retirement planning focuses only on money. But financial readiness is just one piece. This scorecard evaluates your readiness across three critical dimensions:

💰 PROSPERITY - Financial preparedness and income strategies

🎯 PURPOSE - Meaning, identity, and what you'll actually DO

🎨 PLAY - Lifestyle, health, and joy in retirement

Complete all 27 questions, calculate your scores, and discover where to focus your preparation efforts. Time to complete: 5-10 minutes

important tip

Answer based on where you are NOW, not where you think you "should" be. The most valuable insights come from honest self-assessment. This is for you, not for impressing anyone else.

PROSPERITY Dimension

Financial Assessment

1. I have a clear understanding of my retirement income sources (Social Security, pension, investments, etc.)

Strongly Agree (5 points)

Agree (4 points)

Neutral (3 points)

Disagree (2 points)

Strongly Disagree (1 point)

2. I know approximately how much monthly income I'll need in retirement

Yes, I've calculated it (5)

I have a rough estimate (4)

I haven't calculated this yet (2)

I have no idea (1)

3. I have a plan for healthcare costs before Medicare eligibility (if applicable)

Fully covered/planned (5)

Mostly planned (4)

Some plan in place (3)

Haven't addressed this (2)

Not applicable/over 65 (3)

4. My retirement savings/investments could sustain my lifestyle for 20+ years

Very confident (5)

Confident (4)

Somewhat confident (3)

Not confident (2)

Very uncertain (1)

5. I have explored income-generating options for retirement beyond traditional investments

Yes, and I have a plan (5)

Yes, actively exploring (4)

Somewhat explored (3)

Haven't explored yet (2)

Not interested/needed (3)

6. I feel prepared for unexpected expenses in retirement

Very prepared (emergency fund established) (5)

Mostly prepared (4)

Somewhat prepared (3)

Not well prepared (2)

Not prepared at all (1)

7. I have a strategy for managing taxes in retirement

Comprehensive tax strategy (5)

Basic strategy (4)

Aware of need, I plan to address (3)

Haven't thought about this (2)

Not sure what this means (1)

8. My housing situation is optimal for retirement

Completely sorted (mortgage paid/downsized/etc.) (5)

Mostly sorted (4)

In transition (3)

Needs work (2)

Major changes needed (1)

9. Overall, I feel financially ready to retire (or continue retirement)

Very ready (5)

Mostly ready (4)

Somewhat ready (3)

Not very ready (2)

Not ready at all (1)

PURPOSE Dimension

Meaning and Identity Assessment

10. I have a clear sense of what will give me purpose in retirement

Very clear - I know exactly what I'll do (5)

Fairly clear - I have good ideas (4)

Somewhat clear - still exploring (3)

Unclear - figuring it out (2)

No idea what I'll do (1)

11. I've identified activities or "purpose projects" that excite me for retirement

Yes, multiple projects identified (5)

Yes, at least one clear project (4)

I have some ideas (3)

Still searching (2)

Haven't thought about this (1)

12. I'm comfortable with my identity shifting away from my career

Very comfortable (5)

Mostly comfortable (4)

Somewhat comfortable (3)

Uncomfortable (2)

Very uncomfortable (1)

13. I have hobbies or interests I'm passionate about pursuing in retirement

Yes, several deep interests (5)

Yes, at least one passion (4)

A few interests, not deeply passionate (3)

Limited interests (2)

I don't really have hobbies (1)

14. I see retirement as "moving toward something" rather than "just leaving work"

Strongly agree - I'm excited about what's next (5)

Agree - I’m moving toward something (4)

Neutral - a bit of both (3)

Disagree - feels more like leaving (2)

Strongly disagree - it's just about stopping work (1)

15. I have thought about how I want to contribute or make an impact in retirement

Yes, clear vision (5)

Yes, some ideas (4)

Somewhat - exploring options (3)

Not really (2)

Haven't considered this (1)

16. I'm confident I won't be bored in retirement

Very confident - I'll be busier than working! (5)

Confident (4)

Somewhat confident (3)

Not very confident (2)

Worried about boredom (1)

17. I know what activities will make me feel fulfilled (beyond entertainment)

Yes, very clear (5)

Yes, fairly clear (4)

Somewhat clear (3)

Unclear (2)

No idea (1)

18. Overall, I feel I have a sense of purpose for my retirement years (beyond just not working!)

Strong sense of purpose (5)

Good sense of purpose (4)

Developing sense of purpose (3)

Weak sense of purpose (2)

No sense of purpose yet (1)

PLAY Dimension

Lifestyle and Wellbeing Assessment

19. I have plans for staying physically active/healthy in retirement

Comprehensive plan in place (5)

Good plan is developing (4)

Some ideas (3)

Need to work on this (2)

Haven't thought about this (1)

20. I have a social network/community that will continue in retirement

Strong network outside work (5)

Good network (4)

Moderate network (3)

Limited network (2)

Mostly work-based friendships (1)

21. I'm open to trying new experiences and activities in retirement

Very open - can't wait to explore (5)

Open (4)

Somewhat open (3)

Prefer familiar activities (2)

Not interested in new things (1)

22. give myself permission to enjoy leisure without feeling guilty

Absolutely - I deserve it (5)

Mostly (4)

Sometimes struggle with this (3)

Often feel guilty about "doing nothing" (2)

Can't relax/enjoy leisure (1)

23. I have thought about where I want to live in retirement

Decided and sorted (5)

Clear preference, in planning stage (4)

Exploring options (3)

Haven't thought much about this (2)

No idea (1)

24. My spouse/partner (if applicable) and I are aligned on retirement lifestyle

Very aligned (5)

Mostly aligned (4)

Working on alignment (3)

Not well aligned (2)

N/A - single (5)

25. I have plans for travel or exploration (if desired)

Detailed plans (5)

Good ideas/beginning plans (4)

Some thoughts (3)

Want to travel but have no plans (2)

Not interested in travel (5)

26. I'm comfortable with a less structured lifestyle

Very comfortable - looking forward to it (5)

Comfortable (4)