Planning your retirement

There are no rules about when to retire, but there are things you should think about before you make your decision. Before you retire you should consider:

• what kind of lifestyle you want to have
• how much money you need
• when you can access your super
• what government support you can get
• where you want to live
• easing into retirement by reducing your work hours
• other ways to earn income when you’ve retired
• the timing of your retirement in relation to your personal circumstances
• how you will fill your time
• a realistic retirement age.

When you make a retirement plan, thinking about these things will help limit any surprises when you retire.

What to organise

Retirement when you own a business

If you’re planning on retiring and would like to sell or close your business, you can find help on the business.gov.au website.