What to do when you've retired

After decades in the workforce comes the next life stage. Depending on your circumstances, it's when retirees get to decide how and where they'd like to spend their time.

One of the most important aspects of retirement is living within your means.

Whether you have a fixed income annuity, self-managed super scheme or you are relying on the full or part Age Pension, make sure you create and stick to a budget. 

This will enable you to make the most of all the other options to do in retirement, including:

• exploring a passion, hobby or interest
• taking up new work
• relocating or extended travel plans
• getting more active
• staying mentally fit.