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Your retirement goals
Knowing how much money you’ll need in retirement is a crucial ingredient in your plans
Did you know that while we expect to spend 23 years in retirement, our money is likely to run out after only just ten years1?
This gap – between where your retirement savings are and where you want them to be – is real. Knowing you have a gap is the first step to closing it.
Use the retirement planner calculator and in less than five minutes you’ll be able to see if your means support your dreams.
Retirement planner calculator
The good news is that there are steps you can take today to close the gap and ensure you have the retirement you always wanted.
Start by asking yourself these questions:
If you have more than one account, you may be paying more than you need to in excess fees which can erode some of your hard earned super savings.
There are a number of easy and tax effective ways to contribute to super.
The investment options you choose can have a significant impact on the growth of your super. It’s important that you know what you’re invested in and consider if it’s going to help you reach your goals and close the gap.
Use our risk profiling tool to discover your tolerance to investments that may make a difference to your super balance.
Having adequate insurance cover is vital, but it's important to remember that insurance premiums can have an impact on your retirement savings. The good news is it’s simple to know what you are insured for and whether this is enough, or too much.
 HSBC: The future of retirement – choices for later life, 2015.