Luke on 2CC – Can I afford to retire?

Luke on 2CC – Can I afford to retire?

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 17 November 2023.  This week’s show considers asks the question Luke is often asked ‘Can I afford to retire and what do I need?’.  While we all will be happy to enjoy life after work one day, it’s important that we set ourselves up for retirement success once that last work payday happens.

Key topics covered include:

  • The important of getting your information together
  • Identify your expenses and income requirements
  • Make sure you identify what you need
  • Approach it like this – Fixed costs then Variable costs.
  • Take a photo of receipts or look at your bank statement – then add them up at the end of the month to work out your expenses
  • Consider paying off larger expenses before you retire
  • What income can you generate from super in retirement?
  • What about Centrelink? How can it help you generate a retirement income?
  • Luke share’s his top tips when planning for retirement?
  • Remember seek advice if you need help, you don’t have to go it alone.

Also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Apple Podcasts on financial planning and money Spotify podcasts on life insurance and financial planningYoutube videos on life insurance and financial planning

Is it time you started planning for your own retirement? 

Retirement planning can be challenging, but you don’t have to go it alone. Seek advice to ensure you set yourself up for retirement success.

Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, including investment, super and retirement. Make an appointment to confidentially discuss your goals. Call Envision Financial Services on 6260 4749. You can use the contact us form to make an appointment, for a confidential discussion about your situation. Luke can also refer you to an accountant or mortgage broker.

Luke will return to 2CC to talk about other ‘Money Matters’ next week. You can also catch up with ‘The Strategy Stacker – Luke Talks Money’ podcast at a time that suits you.

We look forward to your company again and Luke’s book Smart Money Strategy is out now.

Avoid the top 5 risks in retirement planning by reading SMART MONEY STRATEGY - Luke's book!


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