Regardless of your age, securing a comfortable retirement should be among your financial objectives. While your financial planning for this goal will likely get more involved as you grow older, keep in mind which superannuation and retirement strategies can help you along the way, as well as how estate planning can assist with wealth management.
Instead of thinking of retirement as some invisible finish line you'll cross at a specific age, it might be better to plan for your post-work life in stages.
Your first step should be obtaining qualified advice from financial planners who can help you weigh your options. We here at MOVO are happy to talk with you about which financial planning strategies might make the most sense for you.
Next you should:
As you age and retirement comes closer, you might want think about continuing to work, even if only part-time, as a way to make the transition easier. This can help you add more money to your superannuation and give you a smoother transition to post-work life.
Chances are you will have loved ones you want to see taken care of after you're gone. For this reason, it's also important to consider wealth management and estate planning strategies.
This can include focusing on: