The key to most retirement strategies is to start early as this can open up more options later on in life.
Increasing life expectancy means that you could potentially be spending a quarter of your life in retirement and like most things in life in order to be successful in retirement then you need to plan ahead.
According to the ASFA Retirement Standard for the March Quarter 2016 published by the Association of Superannuation Funds of Australia (ASFA), in order to enjoy a ‘comfortable’ retirement, singles at age 65 require an annual income of $42,893 and $58,922 if you are a couple