Retirement

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With most Australians now living much longer and stronger we will all probably spend more time after full-time work, getting a new life. Retirement used to be the stage of life where you gave up work and looked forward to life full of Saturdays, but now a successful retirement takes a lot more planning and skill to get the timing right.

Retirement should be seen as the opportunity to seek new challenges, to try something different in the workforce or realise some of the dreams you’ve held throughout your working life. Finding your way through retirement requires planning for your whole future, not just focusing on your finances.

Planning not only offers the best chance to achieve your goals, it also helps you work out what the type of retirement you don’t want and can ensure you avoid the common mistakes that can see all your years of hard work simply wasted. We all value our independence very highly and the best way to maintain independence is through good health and a firm financial footing which will deliver maximum choice as we age.

The Retirement section of YourLifeChoices website has been organised into seven main categories to help you plan and enjoy the next stage of life. Critical points to consider when retirement planning are timing, your emotional readiness, how much (money) is enough and maximising your nest egg with an effective transition to retirement.

And don’t forget that every quarter we bring together the best brains in the business to answer your questions on how your super can work best for you, making the most of your income in retirement, your rights in retirement, the latest government, health and technology news, relationship dilemmas and so much more in our Retirement Update. 

 

Timing your retirement

Ensuring the optimal timing of your retirement right is the first step, so how do you achieve this?

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Retirement planning

Retirement planning is often considered in a purely financial terms, but there’s so much more to consider than just money.

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How much is enough?

With people living longer on average in retirement, it’s understandable that running out of money is a major concern. So how much do you need to fund retirement?

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Making the transition to retirement

Very few people go from working full time to full-time retirement, so what can you do to enjoy a successful transition?

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Retirement income

There are several ways to secure an income in retirement, so here's a plain Engkish summary of the main options.

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Living in retirement

Options for living in retirement and how your home can help fund your retirement lifestyle are varied, so which choices do you need to consider?

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Resources

Access our many retirement resources, including calculators, checklists, FAQs and of course, the quarterly YourLifeChoices Retirement Update.

Read More Here 



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Industry vs retail super funds

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The ages and stages of retirement

The ages and stages of retirement

Our finance expert Richard Shermon explains the finer points of retirement.

Home sweet home – for some

Home sweet home – for some

Some residents of retirement homes don't always get what they bargained for.

Timing Your Retirement

Time to rethink retirement

What is retirement? What does it means to you?

rethink and rework

Are you ready to retire quiz

Have you done the necessary planning before beginning your transition?

Take the quiz

Retirement Planning

Financial planning myths busted

It’s easy to come up with reasons not to visit a financial planner.

It’s your money

50 questions to ask an adviser

YourLifeChoices has 50 useful questions you may wish to ask.

Clarify your investment options

The sign of good advice

Making the right decisions about your retirement has never been more important.

Find a planner

How much is enough?

How much do you need?

Craig Hall explains how to calculate how much you need for retirement.

Find out more

How much is enough for retirement?

How much is enough when it comes to your retirement nest egg?

One size never fits all

Making the transition to retirement

How to transition to retirement

It’s just as important to commit to lifestyle changes as it is to managing your future income.

Keep earning

Understand your retirement anxiety

It’s understandable that many anxieties surround retirement.

Take control

How do I start my retirement?

Robert is planning on retiring but isn’t sure when he should apply for an Age Pension.

Starting retirement

Retirement Income

Underfunded for retirement?

Looking for stimulation and the opportunity to mix with motivated and successful people?

Take your opportunity

Tips to fix your retirement shortfall

In case you have a retirement shortfall, Kaye Fallick offers some tips to help you fix it.

Make ends meet

Talking about money

Talking to your loved ones about money can be one of the most difficult conversations.

Money’s not a dirty word

Living in retirement

A fulfilling (non) retirement

There’s more to retirement planning than financial focus

What’s really important

The magic of compound interest

Interest is calculated on the increasing balance, generating more and more interest.

Money explained

Retirement affordability suggestions

In this four-part series of articles, we’ve chosen 20 of your best tips.

Do you have a tip?

Resources

Five best retirement calculators

We’ve rounded up the top five free retirement calculators on the internet.

Tech update

Youth can’t replace experience

Australia may be ‘dumbed down’ as baby boomers move towards retirement.

Australia facing a brain drain?

Your Retirement Update

YOURLifeChoices has gathered industry experts to tell you what’s really happening.

Take control of your future

News

Thousands of UK pensions in limbo

Thousands of Australian residents have seen their pension transfers frozen.

Where's your pension?

More people seeking super advice

New research shows an increase in people seeking advice when switching super.

Who can you trust?

Home sweet home – for some

Some residents of retirement homes don't always get what they bargained for.

Know your rights

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