Retirement planning in your 50s

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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. 

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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

Jump to a step

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 >

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 >

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 >

Read time: 10 minutes

Check the key things that can help protect what you’ve built. This includes beneficiaries and legal paperwork, insurance and family conversations.

  • Confirm your binding death benefit nomination is current and valid
  • Check your will and powers of attorney
  • Make sure your insurance cover still suits your needs

Start step 4 >