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Superannuation and retirement planning information

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  • Plan your retirement
    • Retirement planning for beginners
    • When should I retire?
    • How long will I live?
    • How much super do I need?
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    • How much will I spend in retirement?
    • Financial advice
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Home / Plan your retirement

Plan your retirement

People often don’t start thinking about retirement until they are about to stop work or have the decision forced on them. And that’s a wasted opportunity.

Now that we are living longer, retirement may last three decades or more. That’s a long time to regret not doing more to plan and save for a personally fulfilling, financially secure retirement.

With a little planning, you can make a big difference to your retirement outcome.

In our article How to plan for your retirement we outline how to start planning for retirement in seven easy steps. These include thinking about your dream retirement, how long it might last, what it will cost, how much you need to fund it, how much you have now, whether your savings are on track and what you can do to close the gap.

Click the links below to learn the fundamentals about Planning for retirement:

  • Retirement planning for beginners
  • When should I retire?
  • How long will I live?
  • How much super do I need?
  • Will I get the Age Pension?
  • How much will I spend in retirement?
  • Financial advice
  • Retiring overseas
  • Preparing for retirement
  • Retirement planning strategies
  • Retirement Calculators and Reckoners

As a first step, the following are key articles that cover planning your retirement.

List of Australian independent financial advisers

March 4, 2021

What age should I retire?

December 1, 2020

What to do if the market tanks and you’re retired, or close to it

October 1, 2020

Financial advice through super funds: What’s on offer?

September 15, 2020

Can I get free financial advice?

September 15, 2020

Retirement cost of living: How much does a comfortable lifestyle cost?

September 7, 2020

Retiring at 60? Your super simple guide to 12 common questions

June 3, 2020

Countdown to retirement: Tips to help kickstart your retirement plans

June 1, 2020

Why it can be a good idea to put as much into super as possible

June 1, 2020

Rules of Thumb: Do these popular retirement planning hacks measure up?

May 7, 2020

How much can I afford to spend in retirement?

March 22, 2020

Guide to transition-to-retirement pensions (TTRs or TRISs)

March 22, 2020

Is $500,000 in super enough to retire on?

February 11, 2020

How much super do I need to retire?

February 11, 2020

How long you can expect to live, and what it means for your super

January 14, 2020

How to plan for your retirement

January 4, 2020

How accurate are ‘retirement estimates’? 7 assumptions you need to understand

November 21, 2019

Five common financial mistakes people make just before retirement

October 1, 2019

Timing counts if you plan to retire this year and start a super pension

July 21, 2019

Retiring soon? Here are 5 questions you need to answer first

July 15, 2019

Set out below are all SuperGuide articles that relate to Plan your retirement.

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List of Australian independent financial advisers

March 4, 2021 by SuperGuide 1 Comment

Finding a truly independent financial adviser is not easy, but don’t let that put you off. We’ve done the hard work for you.

8 warning signs of a bad financial adviser

March 3, 2021 by Barbara Drury Leave a Comment

Getting high-quality independent financial advice is too important to put in the too- hard basket. These red flags will help you avoid bad advisers.

What should my retirement plan contain, and can I write it myself?

February 18, 2021 by Nicole Small Leave a Comment

Retirement planning can seem daunting, with so many things to consider. But rest assured, it doesn’t take a degree in rocket science to get your head around the key concepts.

Getting financial advice? What your adviser needs to provide

February 11, 2021 by Janine Mace Leave a Comment

When you see a financial adviser, there are rules about the documents and information you must be given to ensure the advice is in your best interests and will help you make informed decisions.

Retirement planning case study: Couple aged 47 and 48

January 22, 2021 by Barbara Drury Leave a Comment

Chris (47) earns $180,000 per year and has $430,000 in super. Lisa (48) earns $80,000 per year and has $220,000 in super. They have one daughter at university and are close to paying off their mortgage. They want to know if they are on track to retire when Chris turns 60.

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Retirement planning case study: Couple aged 58 and 60

January 22, 2021 by Barbara Drury 3 Comments

Dan (60) is a freelance web designer who earns $76,000 a year. He hasn’t always put money aside for super, so his balance is a relatively low $120,000.

Retiree reflections: If I had my time over, when would I retire?

January 21, 2021 by Joanna Webber Leave a Comment

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?

How to use the MoneySmart Retirement Planner

January 21, 2021 by Robert Barnes Leave a Comment

There can be a bit of a learning curve with MoneySmart’s Retirement Planner, and it may appear intimidating at first glance, so we created a short video to help you get an understanding of how the tool works.

Retirement planning case study: Single woman, aged 52

January 5, 2021 by Barbara Drury Leave a Comment

Deb is worried that she won’t have enough savings to live comfortably in retirement and, at age 52, wonders if she’s left it too late to catch up.

What is the retirement age in Australia?

January 4, 2021 by Barbara Drury 2 Comments

“What is Australia’s retirement age?” or “What age can I retire?” are common questions. The simple answer is “it depends”.

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Home ownership and super are far more entwined than you might think

December 11, 2020 by The Conversation Leave a Comment

When the government’s Retirement Income Review examined superannuation, the Age Pension and voluntary savings, home ownership had a surprisingly important role.

What age should I retire?

December 1, 2020 by Barbara Drury Leave a Comment

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.

Your home: The foundation of retirement planning

November 24, 2020 by Barbara Drury Leave a Comment

The Great Australian Dream of home ownership is about more than a roof over your head, it has a big role to play in retirement planning.

Video: How much super someone needs will be unique to them

November 12, 2020 by Tracey Spicer Leave a Comment

Amara Haqqani from Milliman discusses how the estimates we hear about how much super someone needs for retirement are limited because everyone’s needs are unique.

Video: Behavioural economics and retirement

November 3, 2020 by Tracey Spicer Leave a Comment

Tracey Spicer talks to Professor Anup Basu from QUT Business School about behavioural economics and how it can help us understand our decisions around superannuation and retirement.

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Super contributions
Super and tax
Accessing super
Super news
Women and super
Super tips and strategies
How-to guides
Super quizzes
Superannuation Q&As
Superannuation glossary
Super funds
Best performing super funds
Super fund rankings
Best performing pension funds
Pension fund rankings
Super fund average returns
Super investing strategies
Comparing super funds
Choosing a super fund
Choosing an investment option
Super fund fees
Insurance and super
Super fund profiles
SMSFs
SMSFs for beginners
SMSF administration
SMSF checklists
SMSF compliance
SMSF investing
SMSF pensions
SMSF strategies
SMSF Q&As
Plan your retirement
Retirement planning for beginners
When should I retire?
How long will I live?
How much super do I need?
Will I get the Age Pension?
How much will I spend in retirement?
Financial advice
Retiring overseas
Preparing for retirement
Retirement planning strategies
Retirement calculators and reckoners
In retirement
Income in retirement
Super lump sums
Super pensions
Age Pension
Working in retirement
Life in retirement
Senior concessions and services
Aged care
Estate planning
Super death benefits
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