Reach your goals

Setting both short- and long-term lifestyle goals can be a useful exercise, both personally and financially.

Once you know what your savings goals are, the next step is to consider whether you’re going to reach them.

Many people think about super as a lump sum to be cashed in and spent at retirement. However it may be more useful to think of retirement savings as a way to provide a long-lasting income in retirement.

Once you’ve set some goals for what you’d like to do in retirement and worked out an estimated budget, you can look at strategies to maximise your super savings while you’re still working.