Retirement Planning in Your 50s

Are you on track for the retirement you want?

Your 50s are a great time to pause, take stock of your money, super and lifestyle goals. You don’t need to have it all figured out. A few simple steps now can help you build a clearer picture of the retirement you want and how to get there.

Your retirement planning workbook for your 50s

This RetireMate workbook is a step-by-step retirement planning guide for CBUS members aged 50 to 59.

It can help you:

Picture your future and your likely retirement path
Understand how your super and the Age Pension could support you
Explore simple actions that could improve your retirement income

Download the workbook (PDF)

Jump to a step

Step 1

Picture your retirement

Read time: 8 minutes

Think about what matters most, take the quiz to see your likely retirement path and explore what life after work could cost.

Focus on how you want to spend your time and what's important to you
Take the quiz to see where your planning may need attention
Explore future costs and what an earlier finish to work could mean

Start step 1 >

Step 2

Understand where your money could come from

Read time: 12 minutes

Now that you have a picture of your retirement, look at how super, the Age Pension and other savings or investments could work together to support life after work.

Understand the role of super, savings and investments
Check Age Pension support and learn what may be available if you are eligible
See why you may rely on different income sources at different times

Start step 2 >

Step 3

If there’s a gap, what can you do?

Read time: 15 minutes

Explore tax-smart ways to add to your super, check your investment mix and find practical ways to free up money for the future.

Explore ways to contribute to your super while you're working
Check that your investment mix suits your goals, timeframe and comfort with risk
Look for ways to free up money, manage debt and prepare for future costs

Start step 3 >