How Much Superannuation Is Enough?
It’s important to think about the future - whether it’s protecting your family, income and assets, boosting your superannuation, optimising your investments, or planning your retirement.
We spoke to Tony Dimitrovski, Senior Financial Planner from Commonwealth Financial Planning about how much super is enough.
"We all want to do different things in retirement. 52% of Listeners surveyed want to spend retirement travelling and 77% of you think we need more than one million dollars to retire," says Mr Dimitrovski.
"How much you need in retirement will depend on what type of retirement lifestyle you are looking for. If you want to travel, it depends where you want to go, if it’s local or overseas and how often you plan to travel. Whatever your goals, a financial planner can help you work out how much you’ll need in retirement and put a plan in place to get you there, starting with a simple conversation."
Brought To You By Commonwealth Financial Planning
This information contains general advice. It does not take account of your objectives, financial situation or needs. You should consider talking to a financial planner before making a financial decision. This video has been prepared by Commonwealth Financial Planning Limited ABN 65 003 900 169, AFSL 231139, (Commonwealth Financial Planning) a wholly-owned, non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124. Financial Planners are representatives of Commonwealth Financial Planning. Information in this video is based on current regulatory requirements and laws as at 24/08/2017, which may be subject to change. While care has been taken in the preparation of this information, no liability is accepted by Commonwealth Financial Planning, its related entities, agents and employees for any loss arising from reliance on the information.