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Seven ways to future-proof your savings in case of early retirement

Seven ways to future-proof your savings in case of early retirement

The secret ingredients to a good retirement are preparation and control, but life can be unpredictable. Here’s how to build flexibility into your plan.

Kath, was forced to retire earlier than she had planned, with her husband, John. Louis Trerise

Michelle BowesWealth reporter

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Two knee operations brought Kath’s 47-year nursing career to an abrupt end at the age of 65.

Kath, now 71, is among the one-quarter of Australians forced into early retirement due to circumstances beyond their control. She had hoped to work for at least another five years.

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Michelle Bowes
Michelle BowesWealth reporterMichelle Bowes writes about wealth from our Sydney newsroom. She has more than 20 years of experience as a business journalist and is the author of Money Queens: Rule your Money, an award-winning personal finance book for teenage girls. Email Michelle at michelle.bowes@afr.com

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Original URL: https://www.afr.com/wealth/personal-finance/seven-ways-to-future-proof-your-savings-in-case-of-early-retirement-20241101-p5kn44