QUESTION: I am 54 with $75,000 superannuation and my wife is 53 with $150,000. Our combined income after tax is $5530 a fortnight. We have an equity loan of $450,000. We need to plan for our retirement. What should we focus on? ANSWER: Assuming retirement at age 65, you have only 11 years to get set. First, when do you wish to retire? Have a clear idea of your timeframe and employment expectations. You may plan to work beyond traditional retirement age. You also may consider moving to part time or working as a consultant.