Over60 native article for AustralianSuper
“If I retired now, would I have enough money to last if I live into my 90s?”
It’s a question many people approaching retirement ask themselves as they edge towards the exciting stage of their lives. The good news is that it’s not something that all Australians – even those already retired – should be too concerned about as there are lots of ways you can turn your situation around. Here’s what you need to know.
As life expectancy continues to grow (currently standing at 80.9 years for men and 84.8 for women), it’s never been more important to secure your finances in the event that you reach – or perhaps even exceed – this age.
To help you answer this question, has a number of free, easy-to-use online calculators to ensure you’re on top of your finances well in advance of retirement. Here’s how you can make these resources work for you.