Articles on Retirement

In the 15 years I’ve worked in the financial industry I’ve seen numerous people whose goal in life is to retire as soon as they can. I’m not convinced that’s such a great goal. Don’t get me wrong, if you have read any of my articles you know I’m always reminding people to think about the future; however at the same time you do need to live your life today. The magical question is, how much now versus how much in the future.

Is $274.90 per week enough to live on?

Is $274.90 per week enough to live on?

$274.90 is what you will each get when you get to age 65 if you are married and collect the government superannuation. If you are single and live alone you will get $357.42. Not a lot of money! Have you thought about how much you will need when you get to retirement?

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