Understand Your Retirement Target
A common mistake people make is assuming superannuation alone will be enough—without ever checking the numbers. The truth is, “enough” looks different for everyone. It depends on the lifestyle you want, how long you expect to be retired, and whether you plan to supplement your super with other income. That’s why setting a clear retirement target is key.
Whether it’s a modest lifestyle or something more comfortable with travel and extra hobbies, start by defining what you want, then estimate what it will take to support that.
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