Planning for your retirement
On average, people are spending around 20 years at school, technical colleges or other education institutions; 35 years working; and 20+ years in retirement. There is a real need to plan for your years in retirement, so you can make the most of this time. You have been looking forward to this for so long, you deserve the best!
Evidence shows that if you come into retirement as healthy as possible, you are more likely to stay that way. Evidence also shows that if you plan for major events, such as retiring, they are more likely to happen and work out well.
There is a lot to think about when planning your retirement. Working out how much money you need in retirement is not easy. Most people need to replace some, or all, of their current income with investment income. By planning your retirement early you can ensure you are taking advantage of the strategies and the time you have available to you.
ES&A can help you by:
- planning a retirement strategy that suits your personal and financial circumstances
- evaluating the different options available when moving into retirement
- developing tax–effective strategies that can help to grow your capital and provide you with an income over time.
We are very familiar with how Centrelink operates. Rest assured, if you are eligible for Centrelink benefits, we will assist you to maximize on your entitlements.