Learn about retirement

What is retirement?

Today we are living longer and the ratio of retirees to working Australians is rapidly increasing. This means we have to save, invest and plan for retirement.

By law retirement is defined as having no intention to return to gainful employment for 10 hours or more per week. At this stage you will be primarily dependent on drawing an income from your accumulated assets or, if your assets are insufficient, from the government pension.

If you have the financial resources and good health, retirement can be an opportunity to do all the things you’ve always wanted, whether it is travelling, pursuing personal interests, volunteering, or spending more time with friends and family. Ensuring you can enjoy retirement requires careful planning.

Looking forward to retirement Transitioning to retirement
During retirement Tips

Perpetual or Perpetual Group means Perpetual Limited, ABN 86 000 431 827, and its subsidiaries. Perpetual Private advice and services are provided by Perpetual Trustee Company Limited (PTCo), ABN 42 000 001 007, AFSL 236643. This information has been prepared by Perpetual and contains information contributed by third parties. It contains general information and is not intended to provide you with advice or take into account your objectives, financial situation or needs. You should consider whether the information is suitable for your circumstances and we recommend that you seek professional financial, tax and/or legal advice. The information is believed to be accurate at the time of compilation and is provided by Perpetual in good faith. However, the statements including assumptions and conclusions are not intended to be a comprehensive statement of relevant practice or law that is often complex and can change. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information.

Contact us

General enquiries: 1800 022 033

Mon - Fri, 8.30 am - 6pm Sydney time.

All contacts

Enquire online