Retirement Income | Arrow Insights | Ep 21
In this video, Judy Schmidt and Simon Lewis discuss one of the biggest questions people face when approaching retirement:
“How much money will I need to retire comfortably?”
Simon explains that while rules of thumb can be helpful, the right retirement income strategy depends on your lifestyle, goals, spending needs, and future priorities. The conversation covers the importance of balancing income for today with capital protection for tomorrow, including future health, aged care, family support, and legacy considerations.
They also discuss the role of superannuation, investments outside super, and the value of structuring retirement assets across short-, medium-, and long-term needs.
Key Takeaways
Retirement income planning should start with the lifestyle you want to achieve.
Superannuation can be a tax-effective way to generate retirement income.
Liquidity is important so you can access funds when needed.
A bucket strategy can help separate short-term income, long-term growth, and legacy goals.
A well-structured plan can provide confidence, flexibility, and peace of mind in retirement.
Watch the full video to hear Judy and Simon explain how to build a retirement income strategy that supports your goals.
General Advice Warning:
Any general advice on this page does not take account of your personal objectives, financial situation and needs, and because of that, you should, before acting on the advice, consider the appropriateness of the advice, having regard to your objectives, financial situation and needs. Information contained on this page was correct at the time of posting.
