Can You Actually Afford to Retire? The Number You’re Probably Getting Wrong

How much do you really need to retire? And is your super balance the best way to answer that question? In this conversation, financial advisers Amy Lehmann and Rob Goudie unpack some of the common assumptions people make when planning for retirement, from chasing a particular super balance to worrying about whether their money will last. They discuss why retirement planning is about more than reaching a magic number, including: ✔️ Understanding your income needs and desired lifestyle ✔️ Moving from the accumulation phase into retirement and drawing down your assets ✔️ How market downturns can affect retirees in the early years of retirement ✔️ Why simple retirement calculators and spreadsheets may not tell the whole story ✔️ The potential role of the Age Pension and Centrelink in retirement planning ✔️ Planning for different spending patterns as you get older ✔️ Supporting children without compromising your own retirement ✔️ Considering longevity, inheritance and unexpected changes in circumstances ✔️ Why retirement isn't only a financial decision. It's also about how you want to spend your time and enjoy your health For many Australians, the biggest retirement question isn't simply “How much have I saved?”. It may be “Can my money provide the lifestyle I want for the rest of my life?” Amy and Rob share their perspectives from working with clients and explain why personalised retirement projections and stress testing can help people understand what their retirement could look like. Want to take a deeper look at your own retirement planning? Join Rob and Amy at their upcoming seminar, “Retiring with Confidence and Understanding Division 296” on the 23rd September. If you're in the Horsham and Wimmera region, come along to the Horsham Golf Club and keep the retirement conversation going. Register for the seminar here: https://www.eventbrite.com.au/e/retir... ---------------------------------------------------------------- More Freebies you should check out Ebooks, Online Courses, Video Blogs, Podcasts | Free resources covering a range of financial fundamentals to build your knowledge* https://www.consortiumpw.com.au/elear... *Follow us on our social media * Website: https://www.consortiumpw.com.au/ Instagram:   / consortiumprivatewealth   Facebook Page:   / consortiumpw   TikTok:   / rob_goudie   To contact us directly please email info@consortiumpw.com.au or call 03 5382 3460. We're here to help! Advice Disclaimer || Any advice given by the presenter/s has been prepared without considering your individual objectives, financial situation or needs. So, before you act on the advice you should think about whether the advice suits your objectives, financial situation or needs. If the advice relates to acquiring a financial product you should obtain a copy of the Product Disclosure Statement for that product and consider it before making a decision. This presentation has been prepared by Consortium Private Wealth Pty Ltd (ABN 74 616 250 965) (AFSL 495401). If you require advice which takes into account your objectives, financial situation and needs you should speak to a financial adviser. Robert Goudie (ASIC Reg 235974), Ashley Rowan (ASIC Reg 433899), Rachael Todman (ASIC Reg 1270413) & Amy Lehmann (ASIC Reg 1292710) are Authorised Representatives of Consortium Private Wealth Pty Ltd ABN 74 616 250 965 AFS Licence 495401.