How much do I need to retire

June 18, 2019

When you plan to retire will often be determined by whether you can afford to stop working and still have enough income to maintain your lifestyle.  Latest figures from the Australian Bureau of Statistics show the majority of men (36%) and women (22%) chose to retire at the time when they became eligible to draw on their superannuation and/or age pension.  And their average age at retirement was 63.5 years.

 

If you’re planning to delay retirement until your super balance reaches an amount you can comfortably live on, just how do you determine what that target should be?  There are a number of factors that will affect how far your money will go, including your life expectancy, how your money is invested and other choices you make for managing your income, but one of the most important steps to planning for a secure financial future in retirement is to be realistic about your living costs.

Read Article

 

 

Please reload

Recent News:

November 4, 2019

Please reload

Liability limited by a Scheme approved under Professional Standards Legislation
Terms of Engagement | Privacy Policy

Copyright © 2015 Evans Edwards & Associates Pty Ltd  | ABN: 14 096 497 602 

452 Advice Pty Ltd | ABN 30 614 908 619

452 Advice Pty Ltd (trading as Evans Edwards Financial Advisors Wealth Creators) is a Corporate Authorised Representative (No.1261614) of Capstone Financial Planning Pty Ltd ABN 24 093 733 969. AFSL No. 223135. 

452 Finance Pty Ltd I ABN 24 629 999 373

A Credit Representative (No. 513542) of Centrepoint Alliance Lending Pty Ltd

ABN 40 100 947 804 I ACL 377711

74939008_Colour_Portrait.png