While the idea of an early retirement sounds good, for many people the reality is something different altogether. After all, the concept of retirement has only existed for around 100 years and today’s baby boomers are the first generation to face the real prospect of outliving their financial resources. So it’s little wonder the ‘baby boomer’ generation is rejecting the notion of retirement.

Far from contemplating early “retirement,” the baby boomers are looking forward to a healthy, active and engaged period where they can continue to exert influence and control over their lives. Winding down your work commitments or staying in part-time employment can be a great way to balance these objectives, and the government has made this easier to achieve by allowing you limited access to your superannuation before you actually retire.

A financial adviser can help you plan the lifestyle you want in retirement and align your finances with those goals.