No matter where you are in life's journey, we are confident that the concept of retiring in style is appealing!

So now that you are at a crossroads is retirement the right alternative for you?  

To make this decision you must ensure you have identified what level of income / expenditure will be required in retirement. This is no easy task!!

A useful starting point is to check out the Association of Superannuation Funds of Australia (ASFA) website.   ASFA provides some really useful guides to consider.   They, together with Westpac, produce a report on retirement living costs.

After determining the required level of income, the next step is to determine what level of assets will comfortably provide that level of income.

Strategies will be heavily dependant on your current stage of life and circumstances.   This is where a financial adviser should really earn their keep by ensuring that they squeeze every last risk-free dollar out of their situation! 

Here are some websites that may help with making a decision:

• Superannuation
• Fido
• Centrelink

We can also refer you to a financial planner should you wish to discuss more thoroughly.