Do you know how much money you’ll need to retire comfortably?

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Retirement

Retiring right is your right

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A recent National Seniors Australia survey# of more than 5,000 retirees found that:

► Approximately one-third of respondents regretted not putting aside more money for their retirement;
► Over half of respondents worried about outliving their savings and investments; and
► The expectation that retirement expenses decrease with age is being challenged by new care needs in later life.

Also, recent downward pressure on house prices in Perth could lead to a reduction in the amount that retirees expect to live on after they stop working. It's all very sobering feedback.

How confident are you about reaching your retirement goals?

Do you know how much money you’ll need to retire comfortably? Or how long your retirement savings will last? Do you know whether or not you’ll be eligible for the Australian Government age pension? Do you have a clear idea of how much aged care will cost?

The good news is, it's never too late or too early to start planning. We ensure you’ve considered all the realities of retiring, however far off it may seem. We don’t just help you understand the amount of income that you’ll need in order to live comfortably. We work with you to create a picture of how you plan to fill your retirement years; how you’ll want to spend that precious time. This helps us tailor a retirement plan that aims to provide a financial balance between your every-day needs and your wish-list wants.

Make an appointment with one of our financial planners today, and they can provide guidance and advice on topics including:

► Account-based pensions
► Transition to retirement (TTR) strategies
► Investment allocation
► Identifying your investor profile and risk vs return appetite
► Planning for your aged care

# Feeling financially comfortable? What retirees say, National Seniors Australia/Challenger report, March 2019.