This is a sponsored post for Suncorp
You know the adds on television that talk about superannuation, retirement and ‘start to plan now’? Usually, I am very quick to switch channels and pay absolutely no attention to them. And if not, I have either gone to the kitchen for a cup of tea or spoon of nutella because in all honesty, I have never had a care for them.
Until now. My husband and I only recently had a conversation over dinner about superannuation and retirement. Given the fact that he is ten years older then me, the conversation probably has a little bit more relevance to him, but it has never been spoken about until now. Other then this recent experience, the only other time superannuation has come up in conversation is when my mother has told me she has a meeting with her financial advisor to talk super. Again, it has most often then not been a passing comment that has been very quickly dusted off my neck.
“When would you ideally like to retire?” and “Do you know how much you get in super each year?” are the questions most recently asked. The hubby tells me he would like to stop working at fifty-five, with the children being nineteen and seventeen, respectively (OOCH! Scary), independent and able to fend for themselves while we travel the world. Ha! Lets keep dreaming shall we…. !
I am guessing the fifty-five dream is a little ambitious. I am guessing he (and I) will go a little crazy if he wasn’t working at this age. Stretch it out a little maybe and I think that sounds a little bit more fair and realistic. But the truth is, it is harder and harder for many individuals to retire when they actually want to retire, not when they can. Hard!
But, with a few simple steps, maybe the dream of ‘early retirement’ is not such a dream after all…
1. Be aware and plan early
2. Don’t ignore your super
3. Keep track of your super accounts
Are you like me or are you already planning your super and retirement?
