UQ Wellness Magazine - MAY 26 - Flipbook - Page 16
Planning for retirement
starts now
Retirement looks a bit different for everyone - mostly because we all have a unique set of
circumstances that dictate how (and when) we retire. Let’s look at some things to consider
in the lead up to your retirement, which might also help drive your financial goals.
Your lifestyle
Your living situation
How do you want to spend your time?
It’s likely you’ll have more time to
pursue your interests than ever before –
there are unlimited possibilities.
Have a think about where you live
and what you may want in the future
- do you enjoy city living, or are you
considering a tree or sea change?
Or vice versa? Perhaps you want to
try living in a new state or country?
It doesn’t matter if your interests are
creative, physical, or academic, or
whether you want to do something
alone or as part of a group, there’s
bound to be something out there for
you. What matters is that you find
something enjoyable.
Your health
Australians are living longer these days,
which means we’re doing something
right. Research shows us that people
who cope best with retirement are
those who stay active and involved.
Taking care of your physical health
is scientifically shown to improve
mental wellbeing, and vice versa. If one
declines, the other can be affected too.
That’s why a holistic approach to health
– where you consider your physical,
social, emotional, and mental health –
is necessary for your wellbeing.
Many retirees decide to stay in their
homes, as long as they’re physically able
to. But as you get older, your housing
needs change. You may wish to upgrade,
downsize or move to another home that
better suits your needs as you age.
Hot tip! If you’re thinking about
selling your home, you may be able
to contribute up to $300,000 (or up to
$600,000 as a couple) from the sale
of your home into your super, subject
to certain eligibility requirements. Learn
more about downsizer contributions by
visiting UniSuper’s website.
Need help with
next steps?
You can talk to UniSuper’s awardwinning financial advice team to plan
your ideal retirement and maximise
your savings.
UniSuper super consultants can also
provide information and general advice
across a range of topics at no extra cost,
whether you’re a UniSuper member or
not. Book an appointment in-person at
the St Lucia campus, via video or over
the phone, or call 1800 823 842.
unisuper.com.au
Want a little more
inspiration?
Meet UniSuper’s RetireMentors,
who don’t see retirement as
the end of their story – but the
beginning of a new one.
Watch the video series
The information is of a general nature and doesn’t consider your personal
circumstances. Before making decisions, you should consider whether
the information is appropriate for your circumstances otherwise seek
financial advice.
