Many people have no idea what they will be doing once they down tools, pack up their desk, or clock off for the very last time.

But that day will come and the better prepared you are, the better retirement you’re likely to have.

Your super is one of your most valuable assets. What you do with your super between now and the day you retire will determine how you live your life after you finally stop working.

What do you really want to do when you retire?

Retirement means different things to different people.

Some people are just itching to travel when they retire while others may want to learn some new skills. But some of us may want to spend more time with the family, or just potter around in the garden.

But no matter what you want to do, you will need a regular income; an income that pays for all the necessities but also one that gives you the freedom to do the things you really want to do.

Good planning is the key. Good financial planning now can help you do what you want to do when you retire rather than being content with doing what you can merely afford to do.

How do you start planning for retirement?

Many people would like to start planning but don’t know how to make the first step.

That’s why Local Government Super runs pre-retirement seminars across NSW each year. The seminar is free and open to members, their family, and anyone who is interested in planning for their retirement.

You can go to our website and find out if there is a seminar coming up near you. If there’s not one in your area and you’ d like to know more about retirement planning, just give us a call on 1300 LGSUPER (1300 547 873) between 8.30am and 5.00pm, Monday to Friday.

This article has been issued by LGSS Pty Limited (ABN 68 078 003 497) (AFSL 383558), as Trustee for Local Government Super (ABN 28 901 371 321). This document contains general information only and does not take into account your personal objectives, situation or needs. You should consider obtaining professional financial, taxation and/or legal advice tailored to your personal circumstances prior to making any financial decision.