If you're considering retirement then there are some important things to think about before you make your decision. There are also strategies to boost your retirement income.
|Reasons to retire|
In 2010, the Australian Securities and Investment Commission (ASIC) conducted research* into why people retire. Perhaps the triggers won't surprise you, but they found the following:
If you're trying to make the decision about whether or not to retire or have already made it, then consider the following:
|How we can help|
Retirement is a big decision. Indeed some financial decisions you make now may not be able to be undone. That's why it pays to get the right advice.
An A-Z Review® with an ANZ Retirement Banking Specialist: ANZ Retirement Banking Specialists can help you review your position. Knowing where you stand may make the decision to retire a little easier. They have extensive knowledge of the options available to you and starting with an A-Z Review® to explore your needs, they can examine your everyday banking and recommend a solution to support your plans.
An ANZ Financial Planner could help you determine if you want to work a little longer or indeed retire now. They can examine your likely income in retirement and how to maximise it. They can also help you with strategies such as Transition To Retirement, which will allow you to work less or save more for retirement. This may help you trial your retirement or even boost your Super without diminishing your cash in hand. Your first appointment is complimentary and without obligation.
® A-Z Review is a registered trademark of Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522.
ANZ Financial Planners are representatives of Australia and New Zealand Banking Group Limited, ABN 11 005 357 522, the holder of an Australian Financial Services licence.
* Source Moneysmart website
The information provided is general information only and does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you.