Retirement: Most of us assume that our Super will be enough to live off- but how much thought have you actually given it?
Recent studies by MLC Retirement show that almost 70 percent of Australians did not have a fall back plan for unexpected events such as major illness or sudden unemployment. While it is good that Aussies are starting to think about their super, it is important that we start planning for the unexpected as well.
One in three Australians expect a sizeable financial shortfall from their super compared to their actual living costs- only 3.5 percent think they will have more than enough money for their remaining years.
If you would like help or advise to start planning your superannuation so that you will be able to maintain your current standard of living, contact FuturePlan Property today.