Understanding the need to plan for retirement
Statistics that you need to know:
- For a couple currently aged 60, there is an 83% chance that at least one of them will live until the age of 85
- Based on today’s life expectancies, 75% of your retirement will be a healthy one
- This means that if you live until the age of 87, you could be quite active until the age of 80
A couple leading a comfortable lifestyle in retirement needs an income of approximately $58,000 per annum. We believe that you could need this level of income for over 30 years.
