Retiring within the next 5 – 10 years
The combined effect of earlier retirement and living longer means that many Australians will spend more than a quarter of their life in retirement. While this sounds like good news, it does emphasise the importance of planning carefully – and well in advance – for your retirement.
Some questions you may wish to consider include:•
How much do I need to retire on?
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?
Am I eligible for the Age Pension?
How does the Income and asset tests affect eligibility for the Age Pension?
What are the different types of income streams?
How we can help ? We can:
Establish how much you need and work out when you can retire based on your plans.
Establish a plan to accumulate enough retirement savings within your timeframe.
Review and recommend retirement income products so you can manage your money in retirement
Make sure you can maximise any entitlements to social security benefits.
Make sure you are not under insured.
Help you create or update your will