Retirement is filled with opportunities and choices. There’s the time to travel more, work on long-delayed personal projects or volunteer your help to worthwhile causes.

You also have a host of choices to make when it comes to funding your new life away from paid work. Here are four different options to consider.ⁱ

Many Australians expect an inheritance, but their parents may have a different view.

Around one in two Australians have received or expect to inherit money or property, either from their parents or others.

That’s one of the key findings from Vanguard’s 2024 How Australia Retires research, but it shouldn’t come as a great surprise.

Australia has become an increasingly expensive place to live, making the idea of retiring in a low-cost, overseas location more appealing.

In this article, we will explore the pros and cons and what you need to consider before making the move.

If you’re nearing retirement age, it’s likely you’re wondering if you will have enough saved to give up work and take it easy, particularly as cost-of-living increases hit some of the basic expenses such as energy, insurance, food and health costs.

How much tax you pay on retirement income depends on your age and the type of income stream.

For most people, an income stream from superannuation will be tax-free from age 60.

If you’ve had an irregular or interrupted income in the past, you might’ve missed out on opportunities to contribute to super. If you don’t fully utilise your concessional cap, and you’re eligible, you may be able to make ‘catch up’ on concessional contributions.

Employers are desperate for workers and cost of living pressures are making it tough to live on a pension. That’s a perfect mix of conditions to send some retirees back to work. But it’s smart to get good advice before you take the leap.

Preparing to retire is emotional and practical. Making a retirement plan can help you manage your finances, and cope better as your life and priorities change.

Your retirement plan can be simple or detailed.

Retirement, for many, signifies the culmination of decades of hard work and the well-deserved opportunity to enjoy life on one's own terms.

It's a phase where the idea of flexibility takes centre stage, providing individuals with the freedom to dictate their daily schedule, engage in activities they love, and spend quality time with people they love.

The long-term returns of asset classes are a reference point for future retirees.

Vanguard’s inaugural How Australia Retires study, released in May 2023, found that people with the highest confidence about their future retirement tend to take the most purposeful action to prepare.

More working-age Australians intend to take a career break at some point. We've calculated the potential impact of doing so on retirement superannuation balances.

Extended career breaks were once a rarity for most Australian workers but these days they are more common.