An end to full-time employment should be a time to kick back a bit and enjoy a well-deserved taste of freedom. Yet, too many Australians regret not saving enough for their retirement. We don’t want you to be one of them.
Although the younger you are, the more effective a plan can be, it’s never too late to start or revisit a retirement strategy. We can help ensure you always have all your bases covered.
We’ll start by getting a clear idea of your current finances. This means understanding:
What, if any, savings you may already have
Your earnings and future earning potential
Your personal situation eg: family responsibilities, debt or other key factors
Once we can have the whole picture we can make your retirement plan or adjust an existing one.
You should take time to consider where and how you see yourself once you stop working. What does retirement look like for you? We can help you make your dreams become a reality by setting specific and achievable financial goals wherever you are on your career path.
You can currently access superannuation benefits tax-free from the age of 60. However, there’s nothing to stop you from retiring earlier if you can afford it however, you’ll usually need a well-devised plan.
Drilling down into your retirement strategy, we’ll create realistic ways to generate and build potential income streams. This is regardless of your preferred retirement age. Your plan may include a variety of investments, savings and other financial products that we’ll make sure you’re comfortable with and fully understand.
It may be uncomfortable to consider but it’s crucial to factor into your plans what might happen if you live longer than you expect. We call this your “longevity risk.” It refers to the risk connected to outliving your retirement savings. We can talk you through this as it may have an impact on when you decide to retire.
Some people may retire, perhaps unexpectedly, and find that their financial situation is not what they expected or had hoped for. This can happen for all sorts of reasons. We call this “sequencing risk.”
Sometimes it can happen due to unwise types of spending behaviour. At other times, it can be that an important investment fails or doesn’t match expectations. Whatever the circumstances, we would be happy to jump in to help keep your finances on an even keel.
Inflation’s unpredictability increases the chance of a negative impact on our savings and investments. The good news is that there’s plenty we can do to help you manage any potential inflationary risks along with other major financial uncertainties. We can suggest building in fallback reserves as part of your retirement strategy to cover:
All this will give you the peace of mind you need to be sure that you’ll be able to meet your retirement dreams with all boxes ticked.
PO Box 3102,
Browns Plains, QLD, 4118
Brisbane Office:
Unit 1, 21 Grand Plaza Drive,
Browns Plains, QLD, 4118
Launceston Office:
5/39 Paterson St, Launceston, Tas, 7250
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All information contained on this website is of the nature of general information only and must not in any way be construed or relied upon as financial or personal financial advice. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. Full disclaimers, risk statements, privacy policy and all other specific disclaimers can be found here.
