Retirement Planning For Over 50s

If you’re over 50, it’s safe to say retirement may be on your mind. As we approach retirement, we mull over our retirement options more and more frequently until it’s all you can think about. It’s perfectly fine to think about how you plan to spend your time, but we hope it’s not something you spend time worrying about.

Whether you have saved for retirement your whole life or you got a late start, you can make your money work for you and secure your future with the help of the MyFuture team. Our expert financial advisers will help you achieve financial freedom so you can look forward to your retirement years.

It’s never too late to create a retirement plan. Whatever age you get around to it, our financial experts at MyFuture will guide you through your options and the best strategies to pursue the retirement lifestyle you want. We want to help make your retirement years as enjoyable and comfortable as possible.

Retirement Planning For The Over 50s

If you aren’t retired yet, our experience has shown that living your dream retirement takes planning to get there no matter what age you start. If you’re over 50 years old and haven’t yet started your retirement planning, it’s not too late to make the right moves. Your dream retirement is still within reach if you start today. Depending on when you plan to retire, what assets you hold, and what level of risk you are comfortable with, a combination of investments and savings strategies will ensure your retirement years can be enjoyed free of financial worries.

If you are already at retirement age or are already retired, don’t fret. The MyFuture team can help you make the most of the resources available to you with a financial plan that takes into account your goals. With proper budgeting, investments and savings, and maximising your assets, your retirement can be everything you want it to be.

Planning for retirement can be a lifelong process, so we suggest that you:

  • Start planning as early as possible
  • Determine your ideal retirement age
  • Picture your ideal lifestyle (to understand how much that lifestyle is going to cost)
  • Explore your ideal location
  • Evaluate your savings plan
  • Adjust your finances as necessary to make your dream retirement a reality.

Understanding these factors when planning for retirement will ensure you’re better equipped to achieve the retirement lifestyle you want. Get in touch with MyFuture today for your FREE, no obligation Discovery Session to get started!

Get Ahead With Quality Financial Advice

Our Qualified Financial Advisers can help you achieve your goals with a tailored financial plan and proven financial expertise.

Retirement Planning Goals

Ask yourself the important questions to take the first step towards your bright future. Your answers will guide the retirement planning process and help you identify your retirement priorities.

Whether you have more traditional retirement plans to live comfortably and simply or if you have loftier goals of a luxurious lifestyle, with the right amount of planning and time, they are possible. Whichever path you follow to your dream retirement, we’ll help you put the plan in place to get there.

It’s important to ask yourself these questions when making a plan for retirement:

  • How much income do you have or expect to have to retire?
  • When would you like to retire?
  • Where do you want to live?
  • What are you looking forward to?
  • What lifestyle do you want for retirement?
  • Do you intend to take any trips or make any large purchases?
  • Do you want to continue working?
  • Do you have any health concerns?
  • What are your debts?

Once you’ve thought about how you intend to spend your retirement years, there are some more practical questions that will guide you in figuring out how much you need to save:

  • How much do you normally spend from month to month?
  • What is your life expectancy?
  • How much money do you have saved?
  • How long do you have to save and invest for retirement?
  • What wealth building sources are available to you?

How Can A Financial Advisor Help You Retire

At MyFuture, we do the hard work so you don’t have to do the guesswork. Our experience and expertise have provided us with a world of relevant knowledge that we’re ready to put to use for you. 

We want to make financial advice accessible for everyone and ensure you’re well prepared for your future retirement plans. With the help of qualified financial advisers, you can create a retirement plan that expands your retirement options and provides the financial security to live the life you want. 

You don’t have to navigate this alone. Contact MyFuture for a FREE Discovery Session today.