TL;DR
- Start reviewing your retirement plans early to gain more control over your future lifestyle.
- Define your ideal retirement lifestyle and set a clear savings target based on your desired annual expenses.
- Regularly check your superannuation balance and investment options to ensure your money is working effectively.
- Increase contributions when possible—small percentage boosts today can make a big difference by retirement.
- Account for actual lifestyle costs including housing, healthcare, and leisure when estimating retirement needs.
- Stay flexible about retirement age—it impacts how long your savings need to last and when you can access funds.
- Recalculate your retirement outlook annually to stay on track and adjust for life or financial changes.
- Be prepared to adapt your plans as life evolves—regular check-ins reduce surprises and improve financial security.
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