I’m planning for the guard rail approach and part time income. Our projected retirement savings should be enough to provide us a comfortable lifestyle plus enough discretionary spending for an overseas and local holiday each year. If the share market tanks we can either cut back discretionary spending or use our part time income for holidaying. We would only need to work one or two days a week for this to be viable but I expect we’ll work more than that.
I’m planning for the guard rail approach and part time income. Our projected retirement savings should be enough to provide us a comfortable lifestyle plus enough discretionary spending for an overseas and local holiday each year. If the share market tanks we can either cut back discretionary spending or use our part time income for holidaying. We would only need to work one or two days a week for this to be viable but I expect we’ll work more than that.
Is it possible to split your superannuation into group lots. Ie high growth, balanced