Setting goals for retirement

Do you know how much money you have to save for your retirement to maintain your current lifestyle? The amount of money you need for your retirement depends on a huge range of factors and what kind of lifestyle you plan to lead. Take into consideration that this amount can quickly rise if you are influenced by any of the following factors:

  • Pursue an earlier than the average retirement age
  • Paying for rent or a mortgage following your retirement
  • Paying off debts after you retire
  • Travel in retirement
  • Higher healthcare costs than the average retiree

Although you might think you’ll be working well into retirement age, often life throws people curve balls. You may not be healthy enough to continue working, even when you wish to do so. The best idea is to plan for any scenario so you don’t have to worry about money further down the line.

Determining if property investment is right for you

An EQC wealth consultant can help you to establish your goals and determine if property investment is suitable for your situation. They will ensure you understand what is involved and assist you through the process. As a client of EQC you are never alone, you will have your own dedicated relationship manager to help you stay on track and guide you along the way.

Talk to a wealth consultant today

If you would like to learn more about investing in property, visit our resources or get started section. You can also setup a free consultation with a wealth consultant by contacting us on 1800 263 980 or email info@eqc.com.au.