The real cost of retirement

The real cost of retirement When you’re looking at saving and planning for retirement, it’s important to know how much you can expect to be spending. The latest retirement standard figures and other data sources can give you an idea of the cost of retirement, but what else do you need to take into account to ensure your financial wellbeing? Running the numbers – the retirement standard Since June 2006, the Association of Superannuation Funds of …

Retirement lifestyles: What comfortable looks like 

Retirement lifestyles: What comfortable looks like What do you need to live comfortably in retirement? This will be different for everyone but it’s useful to think about whether you’ll have enough super for a modest or comfortable retirement. It’s important for you to decide what a comfortable lifestyle looks like for you. Here’s a guide from the Association of Superannuation Funds Australia (ASFA) Retirement Standard on what you might need. Lifestyle in today’s dollars A modest …

4 Things You Should Know Before You Start Budgeting

4 Things You Should Know Before You Start Budgeting With the end of the year nearing, it is almost time up for the New Year resolutions. Most people have either already made their New Year resolutions or are in the process of making or finalizing them. If you have made a resolution for this New Year that you are going to budget your expenses better this year, well then you are in luck. This blog …