Retirement Planning

Retirement. How many years are you planning for?

Today people are retiring earlier than ever before. During the 1950’s, the retirement age was around 67 for men and 68 for women. However in recent years, the average age of retirement has hovered around 63. Research is indicating that the average retirement age will continue to decline as, when asked, many people say they expect to retire as early as 55 or 60. Obviously the longer you plan to spend in retirement, the more you will need to save. So, how many years should you plan for?

The answer depends largely on your life expectancy and how much you can afford to save and accumulate between now and retirement. Life expectancies are stated as statistical averages, meaning you could live more years or fewer years. While about 50% of all people could die before their life expectancy, another 50% are expected to live beyond it.

retirement-planning

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Glenn & Linda

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Ruth

"Dear Mike, Kaye and I would like to express our appreciation to you for introducing us to Murray and your assistance today in establishing the review of our Will. We appreciate that it was a service that you were not obliged to provide, but you did so because that is the type of person you are, and the person we have come to respect, trust and call a friend. We were both impressed with Murray as both a professional and caring person and feel comfortable with him addressing one of our most important phases in life.

Thanks again for all your help."

Kaye and Barry

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Rose

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Gwen and Charles

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Travis

"Mike, your time, inspiration and wisdom have been invaluable, truly thanks a million."

Christian

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The advice contained on this site does not take into account any persons’ particular objectives, needs or financial situation. Before making a decision regarding the acquisition or disposal of a Financial Product persons should assess whether the advice is appropriate to their objectives, needs or financial situation. Persons may wish to make this assessment themselves or seek the help of an adviser. No responsibility is taken for persons acting on the information on this site. Persons doing so, do so at their own risk. Before acquiring a financial product, a person should obtain a Product Disclosure Statement (PDS) relating to that product and consider the contents of the PDS before making a decision about whether to acquire the product.

Sanders Financial Planning

97 Bennett Drive, Canning Vale, WA 6155

PO Box 5032, Canning Vale, WA 6155

Tel: 08 9456 5444
Fax: 08 9456 5455

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