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.

Help make your money last a lifetime

Help make your money last a lifetime

Help make your money last a lifetime

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Older people working longer are being unfairly penalised for effectively trying to avoid pension poverty.

Timing Your Retirement

Is retirement still attractive?

Staggering number of YourLifeChoices members don’t ever want to retire from work.

How long to work?

Seven questions about retirement

What comes to mind when you think of your retirement? Is it excitement?

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Retirement Planning

Retired and happy? Is this why?

Some thrive in retirement, some dread it, others opt to never really retire. But why?

Is it all about planning?

Which retirees are worst off?

For the first time, there are now more people over the age of 65 than there are under the age of five.

Rating retirement

Life is for living, while funds last

Increased longevity is heaping real pressure on retirees’ finances.

How to ensure income

How much is enough?

Life is for living, while funds last

Increased longevity is heaping real pressure on retirees’ finances.

How to ensure income

Take guesswork out of retirement

Retired actuary and ‘rule of thumb’ co-creator John De Ravin explains how you can spend with confidence in retirement.

Don’t run out of money

Boosting confidence in retirement

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Needs versus wants

Making the transition to retirement

Boomers redefining retirement

With baby boomers redefining retirement, workplaces must evolve, writes Luke Fitzpatrick.

Why old is gold

Older Aussies leading the world

Australia has ranked second in a study measuring the resilience of global workforces.

Are you adaptable?

Services to help you age at home

For all those who want to stay in their homes for as long as possible, Louise Biti, director of Aged Care Steps, has one critical piece of advice.

Home forever

Retirement Income

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Dividends at risk?

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Poor market returns can have a big impact on your retirement income, but a lifetime annuity can ease your concerns.

Seeking peace of mind

Short-term gain, long-term pain

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A last resort

Living in retirement

Retirees on struggle street

Almost 40 per cent of recent Australian retirees are struggling to make ends meet

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Retirement health checklist

Retirement planning is about so much more than just money.

Planning later life

A recipe for successful retirement

Elaine reveals how using RateSetter helped her prepare for a relaxing retirement.

Recipe for success

Resources

Retirement health checklist

Retirement planning is about so much more than just money.

Planning later life

Charting a course through retirement

There are huge positives to maintaining your learning, even post-retirement.

Course to success

When retirement spending peaks

Will you spend more in retirement than during your working life? Will your spending change as you age? Janelle Ward presents the research.

The key to confidence

News

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Is it too late to save your super?

Save your savings

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A cut to deeming rates is expected this week as part of a federal government economic package to stimulate an under-siege economy.

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Anxiety levels spike

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