Recently there has been commentary suggesting retirees will need $1 million in superannuation to retire comfortably.

The Association of Superannuation Funds Australia (ASFA) state a couple will need $640,000 and singles $540,000 in their Super to retire comfortably.

It’s a simple and familiar concept - how much you need to live on each year will depend on the sort of retirement lifestyle you want.

Clearly there is a positive relationship between the amount of superannuation you need to retire and how much you plan to spend each year. But our spending habits vary which makes it difficult to lock in a firm number.

Today is the day to: stop, take stock and tackle your finances head on.

Is it always tomorrow, next week, next month or next year that you’re going to get your finances in order? It’s important to get on track as soon as possible. Here are some important things to take into consideration.

Estate Planning should be part of every family’s financial plan. The right Estate Plan will provide you with the peace of mind that your final wishes are aligned with your objectives, and most importantly that your family’s wealth is protected and does not end up in the wrong hands.

Here are our 10 tips for a good Estate Plan: