Retirement
Retirement – Planning your retirement lifestyle
Dreaming of retirement? Start planning today.
Retirement isn’t what it used to be. Australians are living longer, healthier and more active lives in retirement. How will you choose how to spend your time?
What will your first day of retirement look like? Have you considered how you’ll fund the lifestyle you’re dreaming of? While you’re still working, you may have more flexibility to make changes and more opportunity to increase your retirement savings
There’s a lot to think about when planning your retirement.
For many people, their big concerns are whether they’ll be able to maintain their lifestyle, and if they’ll have enough money. But before you can answer those questions you’ll need to understand what retirement may look like for you.
- What type of lifestyle do you want in retirement?
- How will you spend your time? How will your partner spend theirs?
- Are there any ‘must haves’ on your dream list?
- When you’re not working do you expect your living costs to go up or down?
- Have you estimated how much you’ll need a week to live on?
- Be honest with your finances. Take a good look – will you have enough?
- Are there things you can be doing today that will boost your retirement savings?
- How will you manage your transition to retirement?
The sooner you start planning the better chance you have of getting the retirement lifestyle you want.
Capital One Finance Solutions can help you by bringing the right knowledge, expertise and guidance to identify and reach your retirement goals.