Want to learn how you can retire in 5 years? Putting an end date for retirement changes everything! With careful planning and action, you can work towards getting your finances in shape in as little as five years.
You can start now to bridge the gap between what you have, and what you’ll need to retire NOW.
According to the Association of Superannuation Funds of Australia’s Retirement Standard, to have a ‘comfortable’ retirement, single people will need $545,000 in retirement savings, and couples will need $640,000.*
The yearly budget for a household living comfortably in retirement for those aged around 65 is $63,352 for a couple and $44,818 for a single.**
Many of us will spend more than a quarter of our life retired, as people are now living until an average age of 86 years (if you’re male) and 89 years (if you’re female).**
With over 100 years of combined experience in financial planning, our team have heard a few statements & questions around retirement planning over the years, such as:
If you think any of these statements reflect your own situation, you may benefit by an appointment with a financial planner. At MBA Financial Strategists, our financial advisers will assess your own situation and outline the most appropriate plan for your individual circumstances. We know that no two people’s financial situation is the same, and our advice is tailored accordingly.
Now is the time to stop procrastinating and get your planning underway, to ensure you can live comfortably through the entirety of your retirement years.
To book your 5 year retirement plan appointment, select a financial planner and book in a day and time that suits you best.
MBA Financial Strategists Pty Ltd ABN 13 008 285 756 is an Authorised Representative and Credit Representative of AMP Financial Planning Pty Limited, Australian Financial Services Licensee and Australian Credit Licensee. This article contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information.