Get a complete overview of the retirement age in Australia, including the average retirement age, target retirement age and the key ages that will have the biggest impact on your retirement age.

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If you need help with your retirement plans, our financial planning company, Toro Wealth, helps 50 to 70 year olds optimize their financial position leading up to retirement so they can feel confident about their retirement. Visit torowealth.com.au for more information.

– Links mentioned in video –
► Increase the amount of old age pension benefits you receive: https://www.youtube.com/watch?v=oArz2zLBUSU
► Money Smart Budget Planner: https://moneysmart.gov.au/budgeting/budget-planner

Tools to boost your super and create your own retirement plan:
► How much super do you need to retire comfortably: https://bit.ly/364JN5h
► How long will my money last when I retire: https://bit.ly/3hcIibz
► How much Super should you have: https://bit.ly/3hpcFu1
► How much can you contribute to Super? https://bit.ly/3jBLH5k
► When can you access your Super: https://bit.ly/3htrlIC
► Should you withdraw Super to pay debts: https://bit.ly/3hbtr0V
► When can you access your Super Tax Free: https://bit.ly/3h95JCh
► How much super do you need to retire at 60: https://bit.ly/3dzy1E1

Timestamps
00:00 – Average retirement age in Australia
00:38 – Retirement trends
01:05 – Average retirement age
01:32 – Affordability of pensions
02:03 – Retirement age
04:45 – Centrelink retirement age
06:27 – Retirement age Things to consider

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–Average Retirement Age in Australia: When Should You Retire? —

The retirement age trend in Australia is constantly changing. In fact, there are different definitions of retirement, making it difficult to define a single retirement age.

This video explains how understanding the different ages associated with accessing your pension, together with the retirement age, can help you better plan your retirement, know where your income will come from and ultimately enable you to determine your intended retirement age.

Additionally, I've included five things to consider when determining what age you should retire.

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General advice is provided by Toro Wealth Pty Ltd, trading as SuperGuy Retirement Experts and an authorized representative of Core Value FA Pty Ltd (AFSL 480387).

Before acting on any information, you should obtain professional advice and verify our interpretation(s) before relying on any content or calculators on this website or on the videos, while also considering their appropriateness in relation to to your personal situation.

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