Smart Strategies to retire with more
Do you know how much you’ll need for retirement? Or what age you plan to retire? And most importantly, what sort of lifestyle you want in retirement?
Retirement means different things to different people so it’s important to find the right solution for your needs.
There are many strategies to help you achieve your goals, both in and outside of super. These can be used in the lead up to, and during your retirement.
One of the biggest unknowns when planning for retirement is how long you will need retirement income. On average, pre-retirees expect to spend a quarter of their lives in retirement – that’s around 20 to 25 years[i]. But there’s also a good likelihood that you will be living beyond life expectancy, which can make it difficult to plan.
This is called longevity risk. As life expectancy rates increase and we subsequently spend more years in retirement, longevity risk needs to be managed.
There are a number of smart strategies that can help you manage longevity risk. These strategies can be used in the lead up to, and during your retirement.
Many Australians still assume that the pension is the longevity ‘product’ that will support them through retirement. For many people, a retirement income derived solely from the Government pension might not be enough to provide a reasonable standard of living.
How we can help?
We can help you start saving more for retirement and ensure sufficient income to keep you comfortable throughout retirement, Contact us, our initial meeting is complimentary.
We would recommend you join the program. If you are serious about paying your house off early & creating wealth, these guys are the ones to be with.