February marks the end of summer holidays for many of us and getting down to business in 2023. It can be a good time to reflect on plans and goals for the months ahead.
If you are planning your retirement, don’t leave it too late to work out the important details. There are some common mistakes that can have a big effect on your financial security in the next phase of your life. For example, hoping for the best when it comes to your superannuation is not a good idea. Your super needs careful thought to make sure that it is invested appropriately for your circumstances and that insurance premiums and fees are not eating away at your balance.
So in this snapshot, we look at eight common retirement planning mistakes and steps you can take to avoid them.
As always, if you would like to discuss your investment strategy, don’t hesitate to contact our office.