Most people when planning an annual holiday will spend up to 20 % of the length of the holiday planning the holiday itself.

Surprisingly however, most people spend less than 1% of the length of their retirement on planning what is probably the longest holiday they will ever take.

Statistics taken from the Australian Bureau of Statistics show that more than 90 % of all Australians over the age of 65 are living on an income of less than $400 per week – a clear reflection of a lack of planning.

When you’re planning for 30 years or more of your life, it’s hard to imagine how much you will need to live on. A lot of Australians underestimate how much they need to enjoy even a modest retirement. A rule of thumb used by many financial planners is to estimate needing 65% of your pre-retirement income.

So just how do we go about avoiding ending up with more than 90% of Australians living in poverty?

The answer is simple – follow the leader, the world’s most successful business people, entrepreneurs and celebrities don’t achieve top results on their own. As Donald Trump says,” No matter how smart you are, no matter how comprehensive your education, no matter how wide-ranging your experience – there’s simply no way to acquire all the wisdom you need… You can’t know it all yourself. Anyone who thinks they do is destined for mediocrity.”

If you want financial success, then, it makes sense to turn to a fully licensed Financial Planner. A licensed Financial Planner can assess your current financial position to determine the best course of action to increase your financial position. They also have a professional duty of care not to over-commit you when planning for the future.

Your licensed Planner will outline a strategy to fulfill your needs at retirement age or earlier, to allow you to maintain your desired standard of living. They will determine any shortfalls that may exist and show you how, by making some small adjustments, you can improve your financial future. A simple financial assessment could be the difference between struggling to cope financially upon retirement, or a rewarding and comfortable lifestyle in your later years.

Despite the factual predictions of the limited life span of the pension in the future, and the warnings of the inadequacy in contributions towards Personal & Employer superannuation schemes, The vast majority of Australians will be subjected to sub-standard living conditions in their futures – due to lack of planning!

“Failing to plan means planning to fail!”

Hyland Investments Corporation can assist as a guide to set you on the right path of “Assured Wealth” in your future! Simply take advantage of exploring the first step in our five step process by booking yourself in for a free consultation, ( The first four steps in our process are free without obligation)  and set your path on a course for financial freedom.