Modest vs Comfortable Retirement You may have grand plans for travel, leisure and living the good life in retirement, but how easily will these things be within your reach? Will you have the choice of a modest vs comfortable lifestyle? Assuming you own your home outright and are relatively healthy, the current figure stands at […]
‘Prepare yourself for the future retirement you want’ Living the retirement lifestyle you want takes careful planning. And while everyone’s ideal future retirement is unique – and could involve a sea or tree change, travel and time dedicated to hobbies – most of us want to continue with the standard of living we enjoy during […]
With no definitive retirement age in Australia, the date you exit the workforce will probably come down to personal circumstances and whether you can afford it. The retirement age in Australia isn’t set in stone. You can really retire whenever you want to, but health, financial commitments and your ability to fund the lifestyle you […]
Younger generations should arguably be in a better position to self-fund retirement at the current super guarantee rate of 9.5% which is set to rise to 12% by 2025. But the sooner they start planning their transition to retirement (TTR), the better. Overview of TTR With transition to retirement (TTR) you can keep working while […]
“If you have a spouse and have (or are likely to have) more than the $1.6 million super cap, there are things you can do to improve your situation when you retire.” The $1.6 million super cap From 1 July 2017, there is a limit on how much super you can transfer to ‘retirement phase’ […]
The retirement countdown As retirement looms it’s important to ramp up your planning – financial and otherwise.The following checklists are designed to remind you of some of the key things you should do at different stages on your road to retirement. As you’ll see, you may need to reassess some of the same questions at […]
Australians will have to wait before putting their feet up, as it looks like the age increase will force them to retire later. Australians are planning to work for longer, with more than one in five over-45s planning to work until 70. However expectations of retirement income change after reality hits, new Australian Bureau of […]
Retirement Lifestyle: How much will you need? How much will you have? When the time comes to think about your retirement, you’ll probably start by listing all the things you want to do and the places you want to see. That makes perfect sense. It also makes sense to start running the numbers you make sure you’re […]
What does a comfortable retirement look like? How much money you’ll need will depend on a variety of things. Have you got a plan in mind for when you retire? Is it to travel overseas, hit more balls on the golf course or spend time with family and friends? Whatever your goals, you’ll need to […]
