''Just One More Year'' When Is It Actually Time to Retire?

What happens when “just one more year” of work turns into five?

For many people approaching retirement, the decision isn't simply about reaching a particular superannuation balance. It can also involve uncertainty, lifestyle, health, family, and the question of what retirement will actually look like.

In this episode, financial advisers Rachael and Rob explore why some people keep moving the goalposts on retirement, whether there really is a “perfect” number to retire with, and the risks of waiting indefinitely for one.

They also discuss the role financial projections can play in helping people understand whether their income and assets may support the lifestyle they want, including the importance of balancing financial security with enjoying the healthier and more active years of retirement.

Whether you're approaching retirement yourself, helping a family member plan for it, or working with clients who are asking, “Can I afford to retire yet?”, this conversation offers some useful perspectives to consider.

💬 Have you ever caught yourself thinking, “I'll just work one more year”?

Watch the full conversation and let us know what you think.

⚠️ General information disclaimer:
The information discussed in this video is general in nature and does not take into account your personal objectives, financial situation or needs. It is not intended to constitute personal financial advice. You should consider whether the information is appropriate for your circumstances and seek professional advice before making financial decisions.

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Advice Disclaimer || Any advice given by the presenter/s has been prepared without considering your individual objectives, financial situation or needs. So, before you act on the advice you should think about whether the advice suits your objectives, financial situation or needs. If the advice relates to acquiring a financial product you should obtain a copy of the Product Disclosure Statement for that product and consider it before making a decision. This presentation has been prepared by Consortium Private Wealth Pty Ltd (ABN 74 616 250 965) (AFSL 495401). If you require advice which takes into account your objectives, financial situation and needs you should speak to a financial adviser.

Robert Goudie (ASIC Reg 235974), Ashley Rowan (ASIC Reg 433899), Rachael Todman (ASIC Reg 1270413) & Amy Lehmann (ASIC Reg 1292710) are Authorised Representatives of Consortium Private Wealth Pty Ltd ABN 74 616 250 965 AFS Licence 495401.