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? 

 

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

 

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? 

 

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? 

 

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

 

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? 

 

Resources
Access our many retirement resources, including calculators, checklists, FAQs and quarterly Retirement Affordability Index. 


Do you know if you qualify for an Age Pension? Find out with our RetirePlanner tool.

Move to increase economic security

Move to increase economic security

Move to increase economic security

Women fleeing domestic violence will be granted early access to their super.

Top Stories

  1. Super fund safeguards sought
  1. Are you getting enough pension?
  1. Health issues cost retirees $142k
  1. Costs delaying your retirement
  1. Backflip better late than never

Retirement slipping from our grasp

Retirement slipping from our grasp

Retirement slipping from our grasp

A new study reveals Australians are less confident they will be able to retire comfortably.

Is retirement paradise or hell?

Is retirement paradise or hell?

Is retirement paradise or hell?

Most retirees are loving life, but survey finds some are doing it tough.

Retirees living the dream: report

well-off retiree

Retirees living the dream: report

Most retirees are comfortable and can actually save in retirement, report finds.

CPI's surprise price increases

shopping just got more expensive

CPI's surprise price increases

The most recent price increases are not the ones you were expecting.

Emergency poll’s stunning result

happy couple

Emergency poll’s stunning result

Are you financially prepared for an emergency? This is what you said.

Where’s my 'fair go'?, asks Aileen

job interview

Where’s my 'fair go'?, asks Aileen

Struggling to find work, 65-year-old says it’s tough to make ends meet.

Timing Your Retirement

Do you have retirement concerns?

Most retirees are concerned that their savings will not last in retirement.

Ready for retirement?

Retiring overseas: will it work?

Look before you leap: what you must know before retiring overseas.

The pros and cons

Boomers would rather retire early

Baby boomer men would rather retire early than take on part-time work.

Disturbing trend

Retirement Planning

Retirement slipping from our grasp

A new study reveals Australians are less confident they will be able to retire comfortably.

Pressure point

Prepared for retirement surprises?

Do you have an emergency fund to deal with surprise situations?

Friday Flash Poll

Positive attitude key to retirement

YourLifeChoices members believe that a positive attitude is vital to retirement.

Stay positive!

How much is enough?

Retirement slipping from our grasp

A new study reveals Australians are less confident they will be able to retire comfortably.

Pressure point

How to tap into your super savings

You may be able to draw an income from your superannuation before you retire.

Take this into account

Out of touch with reality

Friday Flash Poll findings reveal that the top end is out of touch with retirement.

Get the facts straight

Making the transition to retirement

Positive attitude key to retirement

YourLifeChoices members believe that a positive attitude is vital to retirement.

Stay positive!

Reaching preservation age

Preservation age is the first retirement milestone but what does it mean?

What should you do?

Retrenchment – what should I do?

Retrenchment isn’t getting rid of the person: it is getting rid of the role.

Facing retrenchment

Retirement Income

How to tap into your super savings

You may be able to draw an income from your superannuation before you retire.

Take this into account

Revealing the reality of retirement

Take part in our Friday Flash Poll and reveal the reality retirement.

Friday Flash Poll

Franking credits could cost votes

A survey of older Aussies finds little support for closing the franking credits loophole.

ALP’s vote loser

Living in retirement

Out of touch with reality

Friday Flash Poll findings reveal that the top end is out of touch with retirement.

Get the facts straight

Revealing the reality of retirement

Take part in our Friday Flash Poll and reveal the reality retirement.

Friday Flash Poll

Is retirement paradise or hell?

Most retirees are loving life, but survey finds some are doing it tough.

What you said

Resources

How much are you spending?

The most current and relevant expenditure guidelines available for Australian retirees.

Plan your spending

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?

News

Retire before 65 and reap benefits

Retirement offers a great opportunity to lead a healthier life: study finds.

Step this way

Move to increase economic security

Women fleeing domestic violence will be granted early access to their super.

Retirement worry

Retirement slipping from our grasp

A new study reveals Australians are less confident they will be able to retire comfortably.

Pressure point

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