With the cost of living going up each year, it’s hard to know how much you’ll need for your retirement.
The latest figures suggest that if you’re aiming for a comfortable lifestyle in retirement you’ll need to save about $510,000 for a couple or $430,000 for a single person1. And, it would be even more if you want to enjoy some of the finer things in life.
So what will this amount afford you in retirement?
To find out, enter the Bridges Retirement Lab to see how you measure up and whether you’re on track to live the retirement you want.
What’s the Bridges Retirement Lab?
The Bridges Retirement Lab is an online tool that lets you test out various retirement scenarios in three easy steps:
- Picture your lifestyle in retirement
- Test if your savings, super and investment strategy measure up to the retirement lifestyle you want
- View your results, see what action to take and how financial advice can help. This step allows you to view and download your personalised results.
Financial advice makes a difference.
To discuss and understand what the results of the Bridges Retirement Lab mean for you, make an appointment with a Bridges Financial Planner. We have an established alliance with Bridges, to provide our customers with financial advice. In fact, Bridges has been helping Australians prepare for their retirement for over 25 years.
A Bridges Financial Planner will develop a plan specifically for you; one that’s tailored to your needs and circumstances, to help you achieve your goals, both in the lead up to retirement and during retirement.