Retirement planning

Research suggests couples will generally need $58,326* each year to have a comfortable lifestyle in retirement ($42,597* for singles).

When you consider at age 60:

a woman could expect to live for an additional 26.5^ years; and
a man could expect to live for an additional 23.4^ years, the need for careful planning could be vital.

To help you start planning for your goals in retirement, we are hosting a number of sessions to get you thinking about the years ahead.

Please click on your state above to register for a session.

Key points we will cover in the presentation:

What does retirement look like to you?
How much will you need?
Advantages and benefits of using your super
Transition to retirement strategy – what it is and how it works
Case studies and next steps

If you need any help registering for a session please call us on 1800 119 295, between 8.30am and 5.30pm AEST Monday to Friday.

*Expenditure required for a comfortable lifestyle in today’s dollars is $58,326p.a for couples, and $42,597p.a for singles (calculation uses figures for females), is based on the ASFA Retirement Standard (September Quarter 2014). More information, including details of assumptions applied can be found at http://www.superannuation.asn.au/resources/retirement-standard

^Source: Australian Bureau of Statistics: 3302.0.55.001 - Life Tables, States, Territories and Australia, 2011-2013.Table 1.9. Available online at: http://www.abs.gov.au/AUSSTATS/abs@.nsf/DetailsPage/3302.0.55.0012011-2013?OpenDocument

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SuperRatings does not issue, sell, guarantee or underwrite this product. Go to www.superratings.com.au for details of its ratings criteria.

Important information
An interest in the:
The Plum Superannuation Fund ABN 20 339 905 340 (Fund), the Boral Super (a sub-plan of the Plum Superannuation Fund ABN 20 339 905 340 (Fund)), the BHP Billiton Superannuation Fund ABN 30 187 082 512 (Fund), Worsley Alumina Superannuation Fund ABN 51 469 547 458 (Fund) and National Australia Bank Group Superannuation Fund A (NAB Fund) are all issued by PFS Nominees Pty Ltd ABN 16 082 026 480 AFSL 243357 (Trustee).

The Fund and NAB Fund administrator is Plum Financial Services Limited ABN 35 081 812 731 AFSL 243356 (Administrator). This material has been prepared by the Administrator and it contains information that is general in nature. The information does not take into account your objectives, financial situation or needs. Before acting on the information you should consider whether it is appropriate having regard to your personal circumstances and seek licensed professional advice. The Administrator is not a Registered Tax Agent and any tax information is of a general nature and should not be relied upon to determine your personal tax situation. It is recommended, that you consult a professional tax adviser, who is a Registered Tax Agent about your personal circumstances. It is recommended that you consider the relevant Fund’s Product Disclosure Statement (PDS) before you make any decisions about your superannuation. To obtain a copy of the Plum Superannuation Fund or National Australia Bank Group Superannuation Fund A’s PDS, please call us 1300 55 7586. To obtain a copy of the BHP Billiton Superannuation Fund or the Worsley Alumina Superannuation Fund’s PDS, call us on 1300 22 2472. Neither the Administrator, the Trustee, nor any other company in the National Australia Bank group of companies guarantees these products or accepts any liability whatsoever for any decision that is made on the basis of or in reliance of the information contained in this material. Please note that the information contained in this material is believed to be current as at January 2015. Any changes in the law or policy subsequent to this date have not been incorporated.