BlueZone Financial

Retire right

“Retirement is not the end of the road,  It is the beginning of the open highway.”

The good news is you can live well when you retire. The better news is that by exploring these pages, you’re already on your way.

The dream may be closer than you think

These days retirement can mean more than a rocking chair and roses. More so today is that Australians live longer and have more time for activity. Many of us choose to keep a hand in the workforce for money, a sense of purpose and even to make new friends..

So, begin by thinking about what kind of retirement you’d like. No matter how you picture yourself whether as the favourite grandparent, taking up new hobbies, travelling the world or all of the above, begin by picturing what kind of tomorrow you’d like. After all, you’ve worked hard for it.

How long will I need to work?

The answer’s different for everyone. We can help you find yours.

A comfortable retirement lifestyle costs around $61,000 for couples and $43,000 for singles per year.

How much super will I need?

Superannuation is likely to play a big factor in your future, so it makes sense to have an idea of what you should aim for.

You can use a retirement simulator to help you work out what you think you’ll need. It compares budgets for couples and singles across comfortable and modest lifestyles, from food and clothing to bills and insurance.

What about pensions and other government help?

Depending on your circumstances, you might be eligible for other help.

What can I do right now?

The earlier you plan, the more options you give yourself. You might also be better off paying more to your home loan or considering an annuity, which pays you a guaranteed income in retirement, depending on your circumstances.

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