Preparing for retirement is about more than reaching a certain age. It involves understanding what kind of lifestyle you want to maintain and creating a financial strategy that supports those goals.
Starting early can give you more time to build your savings, review your superannuation and make adjustments as your circumstances change. Even small, consistent contributions can have a meaningful impact over the long term.
A retirement plan should also consider factors such as living expenses, healthcare costs, investment income and unexpected changes. Reviewing your strategy regularly can help ensure it continues to reflect your priorities as you move closer to retirement.