Having a Great Retirement
Retirement is the time to reap the rewards of your working life. For some, it might be time to enjoy favourite hobbies or spend time with your grandchildren. For others, it may be a time to explore the world, follow your passions or take on new challenges.
Many people develop a financial plan at the time of retirement. But once they reduce or stop work, the plan becomes dated. You’ll need to keep making choices about your income and investments, government benefits, your super, tax and estate planning strategy.
It’s important to consider that your retirement funds may have to last a long time. Increases in life expectancy means you may live for 20 or even 30 years after you retire around age 65, and it’s important that your money outlives you.
The last thing most retire people want is to spend their time worrying about these issues, yet many do. Ongoing management of your financial strategy keeps you on track and helps make the most of your retirement.