Congratulations! It’s time to reward yourself. Question is, how do you make sure that a lifetime’s hard work really pays off?
By being smart about your finances, that’s how. AMP can show you a few simple strategies to make the savings you’ve got work harder for you – at a time when you’re ready to enjoy your freedom.
Making the most of your retirement income
Now that you’ve retired, it’s time to put your hard-earned superannuation savings to work.
It’s a good idea to speak to a financial planner about the best way to receive an income from your super. They will show you how to get the most from your super savings, as well as all the government benefits you’re entitled to.
No doubt you’re wondering how much you’ll be able to spend each month, and how long it will last.
Easy banking
You’ve also got to think about where you’re going to keep your cash once it comes out of super. AMP has a great range of everyday bank accounts to give you easy access to your cash.
With more and more of our retired customers using the Internet, there’s a range of transaction options at your fingertips.
Protecting you, your family and your assets
Upon retirement, it’s just as important to protect yourself and your family from unforeseen events.
AMP has recently increased the maximum age for taking out life insurance to 99, so you can stay insured for longer.
We strongly recommend that you talk to your financial planner about your life insurance options, because most life insurance cover within superannuation ceases upon retirement. A financial planner can also help you with planning to provide for future generations.
On the home front, our home and contents insurance is tailor-made for people like you, with discounts and great features such as the Home Assist Hotline.