If you’d like to achieve a comfortable retirement, then you need to plan for it now – and it’s never too late (or too early) to start your retirement planning.
It’s certainly not a good idea to rely on the Government to provide you with a comfortable retirement. Even now, the basic state pension is almost impossible to live on, and it’s unlikely that future Governments will have the funds to increase this significantly.
What if you’ve already got KiwiSaver?
KiwiSaver is a great start in building up some retirement savings, but in most cases it is just a start. If you’re wondering how to retire early – or be very wealthy when you retire – you need to think beyond KiwiSaver. And our retirement planning experts have got an array of options, depending on your individual circumstances.
So what’s involved in retirement planning?
There are a number of factors involved in retirement planning:
- Age: At what age would you like to retire? If your retirement is just a few years away, then you’ll need different retirement savings strategies to someone who’s just started their working life.
- Funds: How much retirement income will you need to fund your lifestyle? Do you already have a retirement fund in place? Or do you need to start saving for retirement?
Contact our retirement planning experts today to see what your ideal retirement savings options are.
What if you’ve already got a retirement fund – and are now wondering how to get an income from it?
If you’re ready to retire, and have a retirement fund or assets (such as your home), you may be wondering how to best translate that into an income. Developing appropriate wealth management strategies has become particularly relevant for the current low-interest rate environment.
Contact our retirement planning experts today to see what the best solution is for your retirement income.