Retirement, What’s Your Dream?

Retirement looks different for everyone. Maybe you’re imagining road trips in a caravan across Australia, or perhaps you’re dreaming of luxury flights and five-star hotels worldwide. Or is it spending time with the grandkids or giving back to your community that excites you? Everyone’s picture of retirement is unique, and that’s exactly why planning for it is so important.

Why Plan for Retirement?

Here’s the deal: we’re living longer, which is great, but it means our money needs to last longer too. Relying only on compulsory super payments or the Age Pension might be enough for the lifestyle you’re dreaming of. Having a long-term financial plan means you can relax, knowing you can do all those fantastic things you’ve planned and have your financial future sorted.

How Precept Financial Services Can Guide You

At Precept, we’re here to help you figure out:

  • What your retirement goals are
  • How much money you’ll need to do all the things you love
  • What assets you have (like your home, savings, investments) and their value
  • How much super you have and when you can use it
  • Ways to increase your retirement income
  • Plans to make your money last throughout retirement
  • If and when you can get the Age Pension
  • Your estate planning needs

The Big Question: How Much Do I Need to Retire Comfortably?

Everyone asks this! The amount you need depends on your dream retirement lifestyle. According to the Association of Superannuation Funds of Australia’s Retirement Standard 2023, for a ‘comfortable’ retirement, single people need around $595,000, and couples need about $690,000. This Standard is updated regularly to keep up with the cost of living and lifestyle changes.

Want to Talk Retirement Plans?

If you’re thinking about your retirement and want some guidance, our friendly team at Precept Financial Services is here to help. Give us a call to chat about making your retirement dreams a reality!


We look forward to working with you to achieve your goals.