Some of us plan our retirement, some have retirement thrust upon us. So how do retirees feel about the timing of their exit from work?
“What is Australia’s retirement age?” or “What age can I retire?” are common questions. The simple answer is “it depends”.
The decision about when to retire is rarely made overnight. It’s a major life event and deserves careful thought and planning. Finances play a big part, but so do your health, your partner’s circumstances and whether you still enjoy your work or are itching to leave.
If you plan on retiring at age 55, here’s a simple guide answering 12 common questions people ask about their super and other financial assistance retirees may be eligible to receive.
For many people planning their retirement, age 60 sounds like a good time to leave the workforce. If that’s your plan, it’s important to ensure you understand the rules on accessing your super, how big your nest egg needs to be, the tax you might pay and any financial assistance you may be able to receive.
For most Aussies, blowing out the birthday candles at 65 means it’s retirement time. To help you take the leap into life after work, we have put together a simple guide answering common questions asked by people retiring at age 65.