Retirement Planning is a very important aspect of financial planning. This area is so often over looked and quite easily due to the fact that a lot of people are caught up on the ‘right now’ as opposed to the ‘what’s next’. The average Australian retires living week to week on a pension having used up some of their super to pay down their mortgage. This isn’t how retirement should be lived. The phrase ‘Comfortable Retirement’ is thrown around frequently however, most people are not prepared for it. At My Financial Wish we base advice on the position you want to be in when reaching retirement and not just on the basis of your current situation.
