What is retirement income?
During your working life, you receive regular income in the form of a salary or business income. In retirement, this regular income stops so you need to draw on your savings to meet your lifestyle costs.
You set up your savings so you still receive regular payments, just like a salary. This is called a ‘retirement income stream’.
The type of income stream you can start at retirement depends on whether your savings are inside or outside of superannuation savings.
Take control of your life and get the income you need to live in comfort
- What do you want to do or expect in retirement?
- We can’t rely on the Age pension (alone)
- Our expectations are certainly higher
- We may have to look after parents as well as children
- We can estimate what your retirement lifestyle will cost
- We can estimate how much retirement income you will need to live that life
- We can estimate how much capital you will need to generate that income
- What is your retirement number?
ADDRESS
PO Box 79,
Mt Barker SA 5251
PHONE
HOURS
Monday - Friday
9am to 5pm