Retirement choices

The choices you face in planning your retirement are complex and confusing. But for most people, one of the major concerns is simple: how can I make my money last? With the average retirement period soon to reach 30 years, it’s a good question to ask.

Only a small minority of Australians aged over 65 have a weekly income over $600 (roughly $31,000 pa). In fact, most people live on the age pension.

The problem is we’re demanding more – including things like travel, education and eating out. It’s a big challenge to have the income you need, without running down your money too quickly.

Address the issues …

Most people think the answer is good investments. But that’s only part of it. To build or preserve your retirement lifestyle, you’ll also need to address issues like:

• What type of lifestyle do I want?
• What goals matter most to me?
• When can I afford to retire?
• How does the new changes to Super effect me?
• How can I get the most income?
• What are my Centrelink entitlements?
• How can I reduce my tax bill?
• Should I consider Allocated Pensions? Annuities?

And of course you’ll need quality investments too.

The good news? 

You can be a winner in retirement. With quality financial advice, you’ll explore the possibilities, avoid expensive mistakes and make the right choices.