Retiring at 60? You Might Need More Money Than You Think ft. Natalie Philips | Ep. 29

In episode 2 of a three-part series, we’re joined once again by Natalie Philips, State Manager of Allianz Retire+, an Australian company that develops retirement products for Australian retirees.

We discuss the financial impact of living longer and healthier lives, the lump sum amounts singles and couples need to retire comfortably, and the dangers of trying to DIY your retirement planning.

We also talk about the concept of "right-sizing" your living situation in your golden years, the challenges of planning for retirement at 50-55+, and how working with a financial advisor can help you achieve your retirement goals smarter and faster.

If you want to retire early without sacrificing your lifestyle, understand how much you need, and put strategies in place to get there, then make sure to listen to this episode!

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SHOW NOTES LINKS

https://au.linkedin.com/in/natalie-philips-782aa177 

https://www.allianzretireplus.com.au/
https://au.linkedin.com/company/allianz-retireplus
https://www.youtube.com/channel/UCuSCFbUfsQdjNgLfG7lK5qQ?view_as=subscriber 

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LISTEN TO THE PODCAST

Spotify: https://spoti.fi/3qJL8w4
Apple Podcast: https://apple.co/3QPF3ch
Amazon Music: https://amzn.to/3YMZjgD
Google Podcast: https://bit.ly/3swIVEF

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CONTACT US

hello@rykercapital.com.au   

Client Enquiries: 1300 179 537
Careers & Press: 1300 179 537

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TIME STAMPS:

00:00 - Intro
02:37 - Navigating The 50-55 Life Stage
10:45 - Retiring Early Vs Working By Choice
14:20 - Reverse Modeling Retirement
20:48 - Age Pension Age
23:18 - Figuring Out Where to Live In Retirement: Downsizing and Rightsizing
29:59 - Living as a Couple vs. Single In Retirement
34:30 - DIY Financial Planning
40:13 - Utilising Financial Planning Software Tools
43:27 - Conclusion

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DISCLAIMER

The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation. 

Chapters

• 0:00 Intro
• 2:37 Navigating The 50-55 Life Stage
• 10:45 Retiring Early Vs Working By Choice
• 14:20 Reverse Modeling Retirement
• 20:48 Age Pension Age
• 23:18 Figuring Out Where to Live In Retirement: Downsizing and Rightsizing
• 29:59 Living as a Couple vs. Single In Retirement
• 34:30 DIY Financial Planning
• 40:13 Utilising Financial Planning Software Tools
• 43:27 Conclusion