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Kick-start your retirement planning

Step 1. 

Figure out what your lifestyle will cost

The first step is to think about the retirement lifestyle you want. You might see yourself travelling frequently, spending more time with family and friends, or taking up new hobbies.

Once you know how you want to live in retirement, you can work out how much income you might need each year to make your dreams a reality. 

Step 2.

Consider how long you might spend in retirement

The next step is to think about how long your income might need to last. With health care and living standards continually improving, you could be retired for 20 to 25 years, maybe longer.

Step 3.

Check your Age Pension eligibility

While your super can pay you a regular income in retirement, you may be eligible for a full or part Age Pension. This will depend on your income, assets and other factors. The Age Pension may provide an additional source of income to help fund your retirement lifestyle.

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What next?

Use our Retirement forecaster to see if your retirement planning is on track and explore some things you can do if it’s not.

Learn more about how other people are enjoying their retirement.

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Got a question?

Get set in the right direction with help and guidance available over the phone, online or face-to-face.

General advice and information only

Any advice and information on this website is general only, and has been prepared without taking into account your particular circumstances and needs. Before acting on any advice on this website you should assess or seek advice on whether it is appropriate for your needs, financial situation and investment objectives.