What if Hoges was planning his retirement? What advice would he give?

1 September 2024, 6:39 am

What if Hoges was planning his retirement? What advice would he give?

Paul Hogan had nothing to do with this article. It is a pure creation and a bit of fun from our team. (Image thanks to IMDB)

Hoges on Retirement?

As someone now in his twilight years, we’re just imagining what Hoges would say to all those people not putting together a retirement plan.

Here is what we think he’d have to say…

G’day, viewers!

Now, let’s have a yarn about something most of you try to avoid like a bad shrimp on the barbie.

I’m talking about planning for retirement.

I know, I know, it’s not exactly the most exciting topic.

We’d all rather be surfing, barbecuing, or enjoying a cold one at the local pub. But stick with me, because a bit of planning now can mean more time for all those fun things later on.

First off, let’s talk about the benefits of having a plan in place. Picture this: you’ve just retired, and instead of worrying about your finances, you are able to lounge on a sunny beach just up the road from my old mate Strop (John Cornell to his mates)

Sipping on a frosty beer. Sounds pretty good, right?

Well, that’s what having a solid retirement plan can do for you.

It gives you peace of mind, knowing that you’ve got your finances sorted and you can kick back and enjoy your golden years without a worry in the world. Even when the picture of retirement for people these days isn’t at all like I’ve described, you’re still going to want some reserves in place to reduce the stress.

One of the biggest benefits of planning for retirement is the ability to maintain your current lifestyle. No one wants to go from eating smashed avo on toast every morning to scraping by on baked beans, right. Or worse still, having to drink that concoction with raw oysters that Strop used to make. Ugh.

By putting a bit of money away now, you can ensure that you’ve got enough to keep living the good life. That means more time for travel, hobbies, and maybe even a new set of golf clubs.

Now, let’s talk about superannuation, or super, as we Aussies call it. We’ll shorten any word we can, right?

Your super is a financial safety net, and the sooner you start contributing to it, the better off you’ll be. It’s like planting a gum tree in your backyard – it takes a while to grow, but once it’s fully grown, you’ve got yourself some fantastic shade on those scorching summer days.

Plus, the government chips in with tax benefits and co-contributions, so it’s a win-win situation.

Another benefit of planning for retirement is being prepared for the unexpected. Life’s full of surprises, and not all of them are good. Having a bit of a nest egg can help you deal with any curveballs that come your way, whether it’s medical expenses, home repairs, or even helping out the grandkids. It’s always better to be prepared than to be caught off guard.

And let’s not forget about the social benefits of retirement planning. Time with your mates, trips with the family, and a few favourite shows. Whilst we don’t think the Rolling Stones will still be touring, there will be some of your favourite artists on the way to Australia.

So, what are you waiting for, mate? It’s time to start planning for your retirement.

Whether you’re just starting out in your career or you are a bit closer to the finish line, it’s never too early or too late to get your ducks in a row. Your future self will thank you, and you’ll be able to enjoy your retirement the Aussie way – with a big grin, a cold beer, and a warm heart.

Hoges on Retirement?

Did we do him justice? Too much? Let us know in the comments.

Call Finwell Group on (03) 9017 3235 or email better@finwellgroup.com.au for a no-obligation and complimentary initial review meeting valued at $249.

Let’s see how it can fit into your plans.

The information in this article is general in nature and does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions.