Can you afford to retire?
Transitioning to retirement can be an exciting time but there are there are a number of questions you should ask yourself when considering your retirement options.
- Do you plan to work beyond retirement age? (65 years or older)
- Will you stay in the family home or downsize?
- How long do you think you will live (based on family history) post retirement?
- The average number of years we spend in retirement has doubled since the first Baby Boomer was born in 1946. In fact, studies reveal Australians expect to spend on average 23 years in retirement.
When considering retirement it pays to not only do your own research, but seek the advice of a professional financial planner. For advice on your retirement options contact us today.