Plan your retirement

Retiring from work is a major life change. If you think you might be ready for retirement, you need to start thinking about how you’ll fund your retirement and how you’ll spend your time.

Going from full-time work to full-time retirement can be a fantastic next stage in your life, but it can also be really challenging. You might find that you get bored or lonely, and you need to make sure that you’re planning this next stage carefully.

If you register for free support, Northern Futures can help you access the information and advice you need to make the best decision for your future. This might include how to plan your finances, advice on working part time, volunteering to stay involved in your community and staying active.   The Department of Human Services website has helpful information on the Age Pension and planning your retirement. The MoneySmart website has some great hints and tips on superannuation and retirement.

If you’re considering retirement you can attend a Financial Information Seminar. These seminars cover the following topics:

  • Retrenched or leaving your job – your choices
  • Working beyond age pension age
  • Understanding superannuation
  • Age Pension and your choices
  • Understanding retirement income streams
  • Accommodation options in retirement
  • Aged care – fees and charges
  • Estate planning for older people.

To find a seminar near you visit the Department of Human Services website . You can also contact the Financial Information Service on 132 300. If possible, they will answer your questions over the phone. If your issues are more complex, they may offer to arrange an appointment for you.

If you’re not quite ready to retire from full-time work, you can contact DOME Employment, Training and Career Development Services. DOME is a South Australian organisation that provides free employment services to workers aged 40 years and older. They know that mature age workers have a lifetime of valuable experience and skills. They provide a job matching service that will help connect you with employers.