Recent numbers from the Australian Bureau of Statistics suggest that you may be headed for low income and limited choices.
We all dream of a comfortable retirement, travel holidays and recreational pursuits.
The statistics tell a different story.
In actuality, only 1% of people will be independently wealthy by age 65
7% will have an okay income equivalent to around $50k to $60k per year in today’s money
22% will have to keep working.
And 70% will be dependent on welfare.
Without a retirement action plan, you are almost certainly going to find yourself in one of the less desirable scenarios.
Thankfully there are solid, long-term strategies that virtually any Australian family, on an average household wage, can do to help secure their financial future.
If you would like to know more, let me know.
I have two amazing clients in the property and sharemarket mentoring space and I'd be delighted to put you in touch.