In 1952 it was normal to retire at the age of 65 with a life expectancy of 69. This meant just four years of retired bliss. Fast-forward to present day where we start retiring from 60 and live on average to be 85 years old. We now have 25 years of unemployment to enjoy. Fantastic, right? Well, it would be if we were financially prepared for it. However, how many of us are actually well off enough to enjoy ourselves all-the-while making our finances last? If 25 years without a salary seems inconceivable, a bit of financial advice could go a long way.
If you’d like to chat about your specific circumstances, please contact us, or give the team a call on 07 4783 5151.
Progressive Wealth Solutions is a Corporate Authorised Representative No.472911 of Keystone Partnership Pty Ltd ABN 22 169 650 720, Australian Financial Services License (AFSL) No. 466137.