Superannuation becomes more significant the older you get and once you turn 55, and you’re still working, it may well be the most important thing on your mind.
To add to our earlier two articles on what younger and middle-aged people should be doing with their superannuation, here we look at what people 55 plus should be focussing on when it comes to their retirement savings.
1. Do a budget
The most important step you’ll ever make towards planning for your retirement is to work out in very fine detail how much income you need.