RETIREMENT ADEQUACY PLANNING

An Action Plan / Road Map to see how you could accomplish the objective of retiring early in life. That includes building the nest egg that can fund your retirement. There are various scenarios and sensitivities that must be considered, like:

What age you want to retire?
How well you want to live at retirement? What kind of joint income would keep you happy?
What will be the sources of income for your retirement i.e. Aged pension, annuities, account-based pensions and other investment incomes
Would you want to consider Transition to Retirement (TTR) prior to retiring? TTR can help further boost your super
Would you finally like to live in your own house or an Aged care facility?
Planning for holidays, big time expenses and other one-off cost, any other?

The Retirement planning strategy considers your current situation and simulates scenarios that would be achievable and help you envision your roadmap for future. It helps you understand how your funds would be utilized over the year of your of retirement