Retirement finance
Retirement needs a lot of thought around the lifestyle you want to lead and how your financial situation can accommodate that. Jumping into retirement isn’t always as easy as you would like it to be – it requires planning and preparation. To live the best retirement life you can, put the effort into strengthening your retirement finances.
Information guides
![Just having retirement savings and super as your only form of funding in retirement is like having all your ‘eggs in one basket’. [Source: iStock]](https://agedcareguide-assets.imgix.net/news/articles/wp/Nest-egg-18_2_2021_210218_060921.jpg?fm=pjpg&w=500&format=auto&q=65)
Building your nest egg for retirement
Your retirement ‘nest egg’ refers to all your accumulated finances that are going to support you once you retire. This nest egg would ideally cover you for a comfortable lifestyle, assist with day to day essentials, allow for a holiday here and there, and cover any future care needs.
![Joe and Lucy sought a financial advisor for help with their retirement planning. (This photo is illustrative only). [Source: iStock]](https://agedcareguide-assets.imgix.net/news/articles/wp/Case-study-retirement-finance-18_2_2021.jpg?fm=pjpg&w=500&format=auto&q=65)
Case study – Planning helps prepare for anything
Aged in their mid-fifties, Joe and Lucy were worried about their financial situation. With increasing debt levels due to credit card debt, they had very little in savings and were unsure how their superannuation worked.
![There are a number of questions you should ask a financial planner before engaging their services. [Source: iStock]](https://agedcareguide-assets.imgix.net/news/articles/wp/Questions-for-financial-advisor-18_2_2021_210218_061535.jpg?fm=pjpg&w=500&format=auto&q=65)
Important questions to ask your financial advisor
Retirement planning can be confusing at the best of times, but when finances are thrown in, it can make the whole process feel incredibly daunting.
![You need to start thinking early about how you want to live when you retire and how you are going to fund it. [Source: iStock]](https://agedcareguide-assets.imgix.net/news/articles/wp/Planning-for-retirement-18_2_2021_210218_062103.jpg?fm=pjpg&w=500&format=auto&q=65)
Planning for a secure retirement
In many instances, people think they can retire from their working life and that’s it. While that would be an ideal scenario, unfortunately, in reality, that isn’t quite how it works.
