VITA PALESTRANT SUPER
What does it take to set yourself up for a secure and happy retirement? It's a question five million baby boomers will ask over the next few years. While you can get away with limited engagement when your super is in accumulation phase, it's not an option when you exit the workplace and have to live off your hard-earned savings.
There is a whole host of things to figure out: which retirement product to choose; what your living costs are going to be; the amount of income you need; and whether you are eligible for any government benefits. It's not something to leave to the last minute.
Marisa Broome, principal of Wealthadvice, suggests the following approach. “The first thing you have to work out is whether you