Retirement Readiness Scorecard

The Retirement Readiness Scorecard from Stonehenge Advisor Group LLC is designed to help pre-retirees and retirees evaluate key areas of retirement planning before making major retirement decisions.

This scorecard helps review important planning areas such as retirement income, Social Security, Medicare, taxes, withdrawal planning, healthcare costs, and long-term retirement risks.

For many retirees, retirement readiness is not just about how much money they have saved. It is also about how income, healthcare, taxes, Social Security, Medicare, annuities, and long-term care planning work together inside a coordinated retirement income planning strategy.

What the Retirement Readiness Scorecard Reviews

The Retirement Readiness Scorecard is designed to help identify whether key retirement planning areas have been reviewed before or during retirement.

The scorecard reviews several important planning categories:

Income clarity: whether you understand where retirement income may come from and how reliable it may be.
Social Security confidence: whether claiming decisions have been reviewed as part of your broader Social Security planning strategy.
Medicare and healthcare planning: whether Medicare decisions and healthcare costs have been reviewed as part of your Medicare retirement planning.
Taxes and withdrawals: whether retirement account withdrawals, tax exposure, and income timing have been coordinated.
Risk and long-term planning: whether inflation, market volatility, longevity risk, long-term care, and unexpected expenses have been considered.

The goal is not to create a perfect score. The goal is to help identify planning gaps that may need attention before they affect your retirement income, healthcare decisions, or long-term financial confidence.

Who the Retirement Readiness Scorecard Is For

The Retirement Readiness Scorecard is designed for pre-retirees and retirees who want a clearer picture of where they may stand before making major retirement decisions.

It may be especially helpful if you are within 5 to 10 years of retirement, recently retired, unsure whether your income plan is coordinated, concerned about healthcare costs, reviewing Social Security decisions, evaluating Medicare choices, or wondering whether your retirement assets are positioned to support long-term income needs.

The scorecard can also help identify whether your planning should be reviewed alongside related areas such as retirement income planning, Social Security planning, Medicare retirement planning, and annuity income strategies.

How to Use the Retirement Readiness Scorecard

The Retirement Readiness Scorecard is designed to be a starting point for a retirement planning conversation. After completing the scorecard, you can review your results and identify which areas may need additional planning attention.

Your results may help you think through questions such as:

Do you have a written retirement income plan?
Have you reviewed when to claim Social Security?
Have you estimated Medicare and healthcare costs in retirement?
Do you have a tax-aware withdrawal strategy?
Have you reviewed inflation, market volatility, longevity risk, and long-term care considerations?

After completing the scorecard, you may want to review your answers alongside the related planning pages for Retirement Income Planning Pennsylvania, Social Security Planning Pennsylvania, Medicare Retirement Planning Pennsylvania, and Annuity Income Strategies Pennsylvania.

What Your Retirement Readiness Score May Reveal

Your Retirement Readiness Scorecard results can help show whether your retirement planning foundation appears strong, moderate, or in need of additional review.

Strong Readiness

A strong score may suggest that several major retirement planning areas have already been reviewed. Even so, assumptions should still be checked regularly because taxes, Medicare costs, Social Security rules, market conditions, healthcare needs, and income goals can change over time.

Moderate Readiness

A moderate score may suggest that important pieces are in place, but there may be gaps in coordination. For example, income planning, Medicare decisions, Social Security timing, annuity income strategies, taxes, and withdrawal planning may need to be reviewed together.

Needs Attention

A lower score may suggest that a more structured retirement plan could help reduce uncertainty. This may include reviewing income sources, healthcare costs, tax exposure, market risk, inflation, longevity risk, and long-term care considerations.

The scorecard is not a financial plan by itself. It is a starting point for identifying areas that may need deeper review with a qualified financial professional.

Download the Retirement Readiness Scorecard

The Retirement Readiness Scorecard is designed to help you start identifying potential retirement planning gaps before they become larger concerns.

Download the scorecard here: Download the Retirement Readiness Scorecard

Also download our complimentary guide: Ten Steps to a Better Retirement

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