Supporting your lifestyle in retirement
Whether your retirement is just around the corner or feels like a lifetime away, you can act now to secure your future. How much money you will need in retirement depends on the lifestyle you want to live. Everyone’s picture of their future is different. Your retirement dream might involve spending more time with family, travelling overseas, pursuing your hobbies and interests or furthering your education. Whatever your future looks like, the key to reaching your goals is starting now.
The ASFA Retirement Standard provides benchmarks for different standards of living that can help you develop your future budget.
If you’re looking to lead a retirement that involves a broad range of leisure and recreational activities, private health insurance, a reasonable car, good clothes, a range of electronic equipment, domestic and occasional overseas holidays, ASFA estimates an annual budget of $43,200 for singles and $60,843 for couples (September quarter 2018).
The second step to figuring out how much you will need in retirement is determining your life expectancy. Our planning tool can give you an idea of how long your money will need to last so you can set your financial goals.
Planning toolFind out how much you are expected to have when you retire by using our planning tool or book an appointment to see us. We can help you estimate how much you might need and help you start reaching your financial goals for retirement.
Planning tool“I gained a better understanding of my current superannuation position, other superannuation products available to me & general retirement options.”
Our first priority is helping you reach your financial goals so you can enjoy retirement. We’re here to help you understand your options, ensuring that you always get the most out of your super. With low fees and great investment returns, you can be confident that your future in retirement is bright.
Learn moreNo cost. No obligation. Let us help you reach your financial goals.