Want to earn $200K a year but not on track yet?

Want to retire comfortably? It starts with planning earlier than you think.

If the income you want in retirement isn't achievable today, the focus should be on putting the right strategies in place now.

That means living within your means, consistently contributing to your super, and building your retirement nest egg over time.

If you want to retire before age 60, you'll also need investments outside of super to fund those years before you can access your superannuation.

Super remains one of the most tax-effective ways to save for retirement, particularly once you're in pension phase, where investment earnings and retirement income can be tax-free.

The key is understanding when you'll need to access different sources of income and making sure your savings strategy supports each stage of retirement.

Retirement planning isn't about guessing, it's about running the numbers, identifying any gaps, and creating a plan that gives you confidence for the future.

Always seek personalised financial advice based on your circumstances.

General advice only.

Amy Lehmann is an Authorised Representative (No. 1292710) of Consortium Private Wealth Pty Ltd (AFS Licence 495401).