Planning for Retirement?
Planning ahead for your financial needs can help reduce stress later. As CF and health costs change over time, it’s important to prepare early for future expenses, including retirement. With people with CF now living longer, financial planning has become more important than ever. Building strong habits around health and money early can help you stay financially secure long term.
Quote from person with CF: Like superannuation, retirement, things like that matter. You have to think about before I have thought about long term financial planning.
Superannuation
- It might seem far off, but growing your super early gives you more freedom later – whether that’s working less, covering medical costs, or travelling.
- If your income is low, you may be eligible for government help to boost your super. Check your eligibility on the ATO website.
Accessing your super early
- People with CF may be able to access their funds early on compassionate or hardship grounds, but this should be a last resort. Withdrawing super early can reduce future financial security and limit your choices later in life.
Making a will
- Planning ahead can ease stress for you and your family
- Wills can be made through a lawyer, the Public Trustee, or free/low-cost services