Have you sat down and really thought about your plan for retirement? Things like:
- How much will we need each year to live the life we want?
- Will the aged pension be enough? (currently around $17,000 Per Annum for singles and $28,000 Per Annum for couples),
- What would you like to see and where would you like to go (travel/holidays),
- Will our cash/assets last us in our retirement years (average 20 years in retirement),
- What will you leave for your children and family, and
- Will we need to continually worry about money?
Unfortunately the statistics show that the majority of Australians will retire on far less than what is required. Many are destined for the aged pension or welfare.
As we all know, the government introduced compulsory superannuation paid by the employer and if you are self employed, paid by you as part of your retirement fund. However these superannuation contributions haven't lived up to expectations and many Australians now find themselves with far less than what was projected. In fact, most Australians cannot rely totally on superannuation to provide for their future retirement.
To maintain a way of life enjoyed during your working years, most Australians want to enjoy an income in retirement of between 60% and 80% of the income they earn during the latter years of their working careers. This will require a considerable amount of capital and income producing assets – something ABC assists our clients in attaining.
At ABC we give you options to take control of your own superannuation by identifying low risk growth investment strategies, strategies that get your tax and savings working harder for you.
We believe "Living for today is important – however, planning for a secure future is CRITICAL!"
