Retirement Warning: One Mistake at 55 Could Leave You Financially Strapped in Old Age
2025-02-14
Daily Express
As Australians approach retirement, a crucial decision looms: how to manage their superannuation pot. The 25% tax-free lump sum option is a popular choice, but financial expert Rowan Harding from Path Financial warns of potential pitfalls. With the right strategy, retirees can ensure their cash lasts, but mistakes can have significant ramifications, leading to financial stress in old age. It's essential to consider expert advice on retirement planning and superannuation management to avoid running out of cash. By doing so, retirees can secure a comfortable and financially stable retirement, making the most of their hard-earned savings and avoiding common retirement mistakes.
