A comfortable retirement is a common desire, however the key to successful retirement involves careful planning. Preparing ahead of time and keeping track of your finances can help you work towards a secure future. At Zeal Financial Services, we help you plan for a comfortable retirement in a structured manner so when your ready to retire, the transition is smooth and convenient.

One of the first steps in making a successful transition to retirement is to have an effective financial plan. The sooner you start planning, the better your chances of making the most of your retirement years. This also means you would have less stress caused by any financial strain and instead enjoy the ability to plan that dream holiday, you have been eager to take.

So, what does a comfortable lifestyle cost?

• The Association of Superannuation Funds of Australia (ASFA) Retirement Standard December quarter 2020 figures indicate that couples aged around 65 living a comfortable retirement need to spend $62,562 per year and singles $44,224, both up by 0.9 per cent on the previous quarter.
• It is generally cheaper to live in retirement as you will no longer be making mortgage payments, assuming you own your own home debt free.