START HERE: How Do You know if You Can Afford to Retire?

About this episode

Canna Campbell discusses how to determine if you can afford to retire, focusing on superannuation and financial strategies for retirement.

Check out PocketSmith here: http://pocketsmith.com/fireplay So you’ve built up a strong super balance but still feel unsure about retiring — you are not alone. In this Start Here episode, Canna answers a powerful listener question: “I have $830,000 in super and I’m in my early 60s… but how do I know if I can actually afford to retire?” Retirement isn’t just about hitting a number. It’s about knowing whether your superannuation can safely generate income for 20–30 years — while protecting you from inflation, market volatility and longevity risk. In this episode, Canna breaks down: How to calculate how much you really need to live each year How long your retirement savings may need to last The importance of investment strategy inside super What an account-based pension (allocated pension) actually is How super is taxed in pension phase (0% earnings tax explained) Minimum drawdown rates after age 60 When super withdrawals are tax-free The role of the Age Pension in later retirement The “Sleep Well Strategy” — holding 2 years of expenses in cash Why emotional readiness matters just as much as financial…

People in this episode

Host: Canna Campbell

Topics covered

• retirement planning
• superannuation
• financial readiness
• investment strategy
• income generation
• longevity risk

Keywords

• retirement
• super balance
• account-based pension
• tax-free withdrawals
• Age Pension
• investment strategy
• financial modeling

Sponsors

PocketSmith

Mentioned in this episode

Places: Australia

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