Do You Have Enough Money For Your Retirement?
Did you know that a few years ago, there was 4 working Australians for every 1 pensioner.
By 2028, there will be only 2 working Australians for every 1 pensioner.
A sobering thought isn’t it?
A lot of people want to retire when they reach age 65 or 70, or even 55. But unless you have properly planned and prepared for your retirement, you will be like over 90% of Australians and be left short with having what you need to retire and live the lifestyle you had while you were working.
The fact is, there are a number of things you need to know when thinking about your retirement.
People around the world are living longer. Therefore, your lifespan will likely be longer than that of your parents or your grandparents.
The obvious impact of this is that you need to save a lot more money to cover those increased years. Either that or you have to push back your retirement age.
At the very least, you need to plan it and work out how much money you need to make today, and how much you need to save, and invest, for your future.
To work out how much money to save for your retirement, there are online calculators that can work this out for you. Take a look at this for example.
http://money.msn.com/retirement/retirement-calculator.aspx
In a low tax environment like superannuation, there’s a lot you can do.
Do you want to find out more?
At Wealth Safe, we’re here to help you with all your asset protection, tax planning, business structuring and superannuation needs. We work with you to find the best strategy to keep your assets safe, slash your tax 100% legally, and put more money in your pocket.
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