26/07/2022
Many of us will spend more than a quarter of our life retired, as people are now living until an average age of 86 years (if you’re male) and 89 years (if you’re female).
Super can help you enjoy your retired days by allowing you to maintain a good standard of living, which isn’t achievable by receiving just the Age Pension.
There are several ways you can actively grow your super to make a positive difference to your lifestyle in retirement and it starts with an action plan.
An Action Plan / Road Map can help you see how you could accomplish the objective of retiring early in life. That includes building the nest egg that can fund your retirement. There are various scenarios and sensitivities that must be considered, like:
What age do you want to retire?
How well do you want to live in retirement?
What kind of joint income would keep you happy?
What will be the sources of income for your retirement i.e. Aged pension, annuities, account-based pensions and other investment incomes?
Would you want to consider Transition to Retirement (TTR) prior to retiring? TTR can help further boost your super.
Would you finally like to live in your own house or an Aged care facility?
Planning for holidays, big-time expenses and other one-off costs?
Contact the team at BlueZone today to start actively planning your future. https://bluezonefinancial.com.au/contact-us/
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