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You want a bright future. Start planning for it today by getting straight answers, the right advice and smart strategies.
With the cost of living going up each year, it’s hard to imagine how much you’ll need for your retirement. But, the latest figures from the Association of Superannuation Funds of Australia (AFSA) suggest that if you’re aiming for a comfortable lifestyle in retirement you’ll need to save about $640,000 for a couple or $545,000 for a single person1. And, it would be even more if you want to enjoy some of the finer things in life.
To find out, enter the Bridges Retirement Lab, see how you measure up and whether you’re on track to live the retirement you want.
Enter the Bridges Retirement Lab
The Bridges Retirement Lab is an online tool that lets you picture your lifestyle in retirement and select the level of comfort you envisage for your home, food, leisure, transport and health care. You can then see if your savings, super and investment strategy measure up to meet the retirement lifestyle you want, view and download your results and see how financial advice can help you achieve your retirement goals.
To help you picture your retirement and see how you measure up, the Bridges Retirement Lab lets you test out various retirement scenarios through a three step process.
Picture your lifestyle in retirement.
Test if your savings, super and investment strategy measure up to meet the retirement lifestyle you want.
View your results, see what action to take and how financial advice can help.
Find a professional financial planner near you or visit the Bridges retirement lab by using the Bridges resources.
These links will take you to the Bridges website.
Bridges Financial Services Pty Limited (Bridges). ABN 60 003 474 977. ASX participant. AFSL No 240837. In referring members to Bridges, Teachers Mutual Bank Limited, does not accept any liability or responsibility for any act or omission or advice provided by Bridges or its authorised representatives. This is general advice only and does not take into account your individual situation, needs or circumstances. You should assess your own financial situation, or seek professional advice before making any financial decisions based on this advice. If we refer you to Bridges for financial advice we may receive a referral fee ranging from 0-30% of any entry fee and/or any ongoing fee paid by you to Bridges. Part of the IOOF group.
1. Source: ASFA retirement standard December quarter 2015. Note: assumes that the retiree(s) is in receipt of part age pension, owns their own home outright and is relatively healthy. For more information and the latest figures visit the ASFA website.