Retirement Readiness Scorecard | SteelPeak Wealth
STEELPEAK WEALTH Retirement Readiness Scorecard
Free Assessment · 3 Minutes · 8 Questions

How ready are you
to retire?

Answer 8 questions and get a score across six dimensions of retirement readiness — plus a prioritized action plan.

Question 1 of 8
Section 01 · Income Architecture

Where will your monthly income come from in retirement?

Select the option that best describes your expected income structure.

Multiple sources — Social Security, portfolio, pension, and/or rental income

A diversified income architecture with at least 3 distinct sources.

Two sources — primarily Social Security and portfolio withdrawals

Workable, but heavily dependent on portfolio discipline and market timing.

Primarily my portfolio — no pension, Social Security timing unplanned

High concentration in a single source; withdrawal rate becomes critical.

I haven't mapped this out in detail yet

A foundational gap — this is the first thing to address.

Section 01 · Income Architecture

Have you modeled the optimal age to claim Social Security?

Claiming at the wrong time is one of the most common and costly retirement mistakes. Delaying from 62 to 70 can increase your monthly benefit by up to 76%.

Yes — I've run a full break-even and longevity analysis

Partially — I know the basics but haven't run the detailed numbers

I plan to take it as soon as I'm eligible at 62

I haven't thought about it in detail

Section 02 · Tax Efficiency

Do you have a plan for which accounts to draw from first?

Withdrawal sequencing across taxable, tax-deferred, and Roth accounts is one of the highest-leverage decisions in retirement planning.

Yes — a written strategy optimized for tax efficiency including Roth conversion windows

Including IRMAA bracket management and RMD planning at 73.

General plan — taxable accounts first, then IRA, then Roth

A reasonable default, but may not be optimal for your specific bracket situation.

I'll draw from whichever account I need at the time

Ad hoc withdrawals typically result in unnecessary tax drag over time.

I haven't planned this yet

This decision alone can save six figures over a 25-year retirement.

Section 03 · Healthcare

How are you planning for healthcare costs in retirement?

A median retired couple will spend $315,000+ on healthcare — not counting long-term care. It's the most underestimated retirement expense.

Detailed plan covering the Medicare gap, LTC risk, and out-of-pocket modeling

Including a funded long-term care strategy and an HSA drawdown plan.

I'll be on Medicare when I retire — the pre-65 gap isn't an issue

Good timing, but LTC and out-of-pocket costs still need attention.

I know there's a gap and plan to use COBRA or marketplace coverage

A workable bridge — but have you modeled the actual monthly cost?

I haven't addressed healthcare planning in detail yet

This is a significant gap that needs a plan before you retire.

Section 04 · Portfolio Resilience

If markets dropped 30% in your first two retirement years, what happens?

Sequence-of-returns risk is the greatest structural threat to a retirement plan — early losses combined with withdrawals can cause permanent portfolio damage.

I have 2–3 years of living expenses in cash or short-term reserves — no forced selling needed

I'd reduce discretionary spending temporarily — the plan survives

I'd need to sell assets at depressed prices to cover living expenses

I haven't stress-tested this scenario

Section 05 · Longevity

Have you stress-tested your plan through a 30-year retirement?

A 65-year-old today has a 50% chance of living past 85 and a 25% chance of reaching 92. Plans built for 20 years often fail.

Yes — I've modeled to age 90–95 and the plan holds under multiple market scenarios

Modeled to 85 — I feel comfortable but haven't tested further

Based on average life expectancy — roughly 78–82

I haven't run longevity scenarios yet

Section 06 · Estate & Legacy

How current is your estate plan?

Outdated beneficiaries, missing powers of attorney, and unfunded trusts are among the most common — and costly — estate planning gaps.

Fully current — will, trust, POA, healthcare directive, and beneficiaries all reviewed within 2 years

Documents exist but haven't been reviewed in several years

Life changes may have created gaps you're not aware of.

I have a will but the broader plan is incomplete

Missing POA, healthcare directive, or beneficiary alignment is common.

I don't have an estate plan in place

Without one, the state decides how your assets are distributed.

Final Question

What is your approximate investable portfolio size?

This helps us tailor your action plan and context to your specific situation.

Under $500K

$500K – $1M

$1M – $3M

$3M+

Your Retirement Readiness Score
0
/ 21

One more step

See your full breakdown & action plan

Enter your name and email to unlock your dimension scores and personalized action list — and receive your results by email.

Client-first advisors only. Your information is never shared or sold.

SteelPeak Wealth · 21650 W Oxnard St #2300, Woodland Hills, CA 91367 · steelpeakwealth.com

For educational purposes only. Not investment, tax, or legal advice. Consult a qualified advisor before making financial decisions. Investment advisory services offered through SteelPeak Wealth.