Retirement Planning

Australians are living longer and retiring ealier, with some people now spending more than a quarter of their lives in retirement.

But how far will your super stretch? What kind of life do you want to live?

Your retirement should be a time to enjoy the rewards of your hard work and savings.  Whether you are retired, close to retirement or it’s a fair way off, retirement planning is essential for all Australians.

Ask yourself these questions:

• Do I know how much money I need to fund a comfortable retirement?
• Do I know the best way to fund my retirement?
• Is retirement too far off to start worrying now?
• What is salary sacrifice?
• When can I access my super?
• What are my options when I retire?
• Will I pay tax on my super if I take a lump sum?
• What are the different types of income streams I can access in retirement?
• Can a Reverse Mortgage assist me in retirement?
• I've already retired and I’m just living off what I’ve managed to save. Will this money run out or can I change my strategy even now?

If you don’t know the answers to these questions then you could well be on your way to a financially difficult retirement (or you may already be there!). Your future doesn’t have to sound so gloomy if you take action now.

Contact the team at Robertson Scannell today for an obligation free assessment of your  current financial situation.