Top 10 Biggest Retirement Planning Mistakes

MBA Financial StrategistsResourcesTop 10 Biggest Retirement Planning Mistakes

FREE Report Reveals: The Top 10 Retirement Mistakes People Make & How To Avoid Them

 

Ensure a better future by avoiding these 10 common retirement investment mistakes many people make when planning for retirement.

Retirement is a crucial life stage meant for enjoying the rewards of your hard work. How can you start planning to ensure your dream life becomes a reality by avoiding mistakes in retirement planning?

Does this resonate with you…?

  • Stressed about the financial requirements for a comfortable retirement?
  • Worried that the contributions from your employer’s superannuation may fall short of your financial needs?
  • Unsure whether your current super fund aligns with your financial objectives?
  • Concerned about not having enough put aside for your retirement and what to do about it?
  • Thinking about eligibility for the Age Pension?
  • Questioning if you should retire before or after Age Pension age?
  • Do you find yourself genuinely uncertain about the expected structure of your retirement benefits?

Many Australians will spend more than a quarter of their life in retirement. According to the Life Tables (2015 – 2017) from the Australian Bureau of Statistics, Australian women have an average life expectancy of 87.47 years at age 65. On the other hand, Australian men have an average life expectancy of around 84.86 years.

To live a comfortable life in retirement, the Association of Superannuation Funds of Australia (AFSA) Retirement Standard recommends that a couple (aged 65-84 March quarter 2024) should have an after-tax income of approximately $72,663.00 per year (adjusted for today’s dollars). For single individuals, the recommended income is just over $51,630.00 per year (adjusted for today’s dollars).*

With this in mind, it’s important to make sure you have the right planning in place well before you intend to retire. Begin paving the way for a secure retirement today! Maintain an informed perspective on retirement investment mistakes by reading our FREE REPORT detailing the Top 10 Retirement Mistakes to avoid!

Top 10 Biggest Retirement Planning Mistakes Free Report
In this FREE Report you’ll discover:  

  • How to ensure you have the right investment strategy
  • How to ensure giving to your children does not impact on your Age Care benefits
  • How to ensure you have enough funds for your retirement
  • Retirement savings strategies to achieve your life goals
  • How to determine if you qualify for the age pension
  • 5 reasons to seek professional financial advice

Complete the form below to instantly receive your Top 10 Retirement Mistakes to Avoid Report.

    Your privacy is important to us and AMP Financial Planning Pty Limited ABN 89 051 208 327 Australian Financial Services Licensee and Australian Credit Licensee No. 232706, which is part of AMP. You may request access to your personal information at any time by calling us on (08) 8357 3999 or contacting AMP on 1300 157 173. Information collected will be subject to AMP’s Privacy Policy. You can also contact us or AMP if you do not wish to receive information about products, services or offers available from us or AMP from time to time.

    *Source: https://www.superannuation.asn.au/resources/retirement-standard/

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      Your privacy is important to us and AMP Financial Planning Pty Limited ABN 89 051 208 327 Australian Financial Services Licensee and Australian Credit Licensee No. 232706, which is part of AMP. You may request access to your personal information at any time by calling us on (08) 8357 3999 or contacting AMP on 1300 157 173. Information collected will be subject to AMP's Privacy Policy. You can also contact us or AMP if you do not wish to receive information about products, services or offers available from us or AMP from time to time.