How to manage super in your 60s
3 November 2023
You're in your final working years. So get ready for the life ahead.
While Australians intend to retire at about age 65, on average we retire earlier, according to Australian Bureau of Statistics’ retirement data from 2020-21.
For those of us in our 60s, it’s the last stretch to get ready for our life after work, both for what we’ll do and our financial preparedness.
“At this age we can sometimes feel we don’t have enough super and there’s nothing that can be done about it. But that’s not always true. Even a 'low' level of super may be enough. The key thing is to work out how much we’ll spend in retirement,” says smartMonday senior smartCoach Johnny Ng.
Essential tasks
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Review the risk level of your investments
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Seek guidance about your retirement
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Plan for how you'll retire
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Appoint or review your beneficiary
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Manage your superannuation online