Miranda and Peter came to see us recently about their retirement plans. We explained to the couple that there are no laws in this country that dictate the age at which you retire. It is really about your circumstances and the crucial element is planning for your retirement so that you have enough money to last.

One of the most common questions our clients ask us is, ‘how much money will I need to retire?’ The answer to this very important question depends on many factors. The lifestyle you want to lead and the number of years you are likely to spend in retirement are a great starting point but there are many other variables you will need to consider. Estimating how much money you’ll have when you retire depends on your current salary, super balance, assets, and any inheritances that may be coming your way. With so much to consider it makes sense to seek professional retirement planning advice.