In Retirement

The type of lifestyle you’re able to lead in retirement will depend on your budget and how much money you will have available to spend.

Given the increase in life expectancy for men and women and our healthier lifestyles, you could expect to spend 20 years or more in retirement, depending on the age you stop working.

For some people, retirement means more time to spend on hobbies like reading and gardening and visiting family and friends. For others, it means a new car and regular overseas travel.

Whatever your retirement dream, it’s important to ensure you’ll have enough money put away to meet your day-to-day expenses as well as any little extras you may want.

A qualified financial adviser can help you answer these questions and take these factors into account when deciding how much you need in retirement.

AustralianSuper members have access to no commission, fee-for-service financial advice through Industry Fund Financial Planning.