"If you don't have a plan, you plan to fail."
This well worn phrase has never rung truer than right now.
The large majority of Australians live day to day, pay packet to pay packet with little thought about their future needs.
According to the ASFA (Association of Superannuation Funds of Australia), you will need to have accumulated between $700,000 and $800,000 in savings and/or super if you were to retire today to achieve a comfortable retirement for 13 to 14 years.
Unfortunately, these figures are a great deal higher than the average super balance for those aged 60-64 of $79,000 and the current mean balances for all workers aged 15 to 65 of $87,000 for men and $52,300 for women.
At Domain Charter, we take the time to look at your current situation and help you put appropriate plans and achievable solutions in place now, so your future will not be one of regret and financial hardship.