+61.8.9355 5822 |   enquiries@pplfinanceservices.com.au

Start your retirement planning, sooner rather than later?


When do you want to retire? What lifestyle do you want in retirement? Do you want to travel, pursue new interests and live comfortably? Retirement is an important stage in our lives which is why it is a great idea to start planning now.

For most of us, saving for retirement is not a priority. This can be because it is easier to think about the short- and medium-term. Here are some tips on where to start your longer term plans.

Know what you want to achieve.

Think about your current situation and how much money you would need to have a comfortable retirement. With your financial goal in mind, you can determine the actions you need to take to reach it.

Pay yourself early.

Time is on your side, and the more time you have, the more opportunities your savings will have to grow and work for you. You don’t have to save a lot to get started, as long as you do it on a regular basis. You can always increase the amount over time.

Build retirement planning into your budget.

When working on your savings plan remember to build in retirement savings.

Don’t put all of your eggs in one basket.

Putting all of your savings in a bank account may not be the best idea since you’re not getting the most out of your money. To make sure that your savings will last for the rest of your life, it is a good idea to have a diverse portfolio. This might mean having a savings account plus investment products such as stocks, bonds, and mutual funds, perhaps real estate. This give you a better chance of consistence returns over time.
These tips for wealthy retirement can help you get started and stay on track on reaching your financial goal. You should also seek advice from professionals on other ways to maximise your wealth before retirement. What’s important is to make a decision today to save and grow your money so you can have a wealthy and wiser retirement.

About PPL Finance Services

We offer access to a broad range of finance services, through a network of carefully selected alliance relationships with service providers that have the experience and the level of expertise required to provide guidence, assistance and innovative advice to best serve and protect the interests of our members. Learn more...

Keep in Touch

  This email address is being protected from spambots. You need JavaScript enabled to view it.
  +61 8 9355 5822
  +61 8 9355 5833
  Suite1/160 Burswood Road, Burswood Western Australia


View our Location

Latest News


Getting a home loan approved...

Your home loan will probably be the largest loan you ever take out. So it pays to...


Saving money in a Bank...

Bank accounts are an effective place to save money. Forget stashing your cash in the sock draw,...


Start your retirement planning, sooner...

When do you want to retire? What lifestyle do you want in retirement? Do you want to...


Saving on Home Insurance

      Home insurance protects your home against unexpected events like fire, natural disasters, vandalism, theft etc. The insurance...


What is the right retirement...

In Australia your employer will pay a percentage (legislated by governement) of your wage into a superannuation...


How to save when buying...

It is an exciting time the day you decide to buy your first car. For many it...


Three smart ways to use...

A lot of people deal with their own share of financial burdens primarily because of the not-so-smart...


Make Better Financial Decisions by...

Frugality is not about saving money. We all know, saving money is a big part of living frugally,...