It’s common to regard retirement as something you don’t need to consider until you are nearing the retirement phase of life. However, retirement planning should be an important consideration regardless of your age. The earlier you start planning for this rewarding time in your life, the more likely you will be to achieve the future lifestyle you desire. Everybody’s interpretation of their ideal retirement is unique. Depending on your current situation and future needs, different strategies may be more or less appropriate for you. With life expectancies increasing, you may need more funds than you realise – start planning now to ensure safety and security for the future.
The ‘Retirement Risk Zone’ is defined as the period in your life that is 10 years either side ofbefore retirement and 10 years after retirement. This 20 years is the time in which you have the greatest amount of investible assets at risk. Therefore, it is crucial that you have access to quality financial advice.
Self Managed Super Funds (SMSFs) are becoming an increasingly popular Superannuation option. As an alternative to a traditional Fund managed by a third party (e.g. a fund manager, large corporation or industry body), an SMSF is managed by the individual and up to 4 fund members, thus allowing for greater flexibility and control over investment choices.
Self Managed Super Funds (SMSFs) are an increasingly popular retirement planning option as an alternative to a traditional Super Funds. Many people are aware an SMSF can offer increased flexibility and control. There are many factors to consider when deciding whether an SMSF may be appropriate for you, including your current financial position and retirement plans.
Superannuation (Super) provides you with the opportunity to gradually set aside portions of your income, as well as contribute additional funds to build up your savings for retirement. With attractive tax concessions and other Government benefits, Super is one of the most tax effective strategies for wealth creation.
It’s common to have strong preferences regarding who you wish to pass your assets onto. Whether these ‘beneficiaries’ are family members, friends or even charities, it’s crucial to have a plan in place to ensure the transfer of assets is carried out according to your wishes.
PROTECTION / INSURANCE
Personal Insurance is an integral part of every Financial Plan. It can protect you and your family against financial hardship should the unfortunate occur. As much as we would like to avoid thinking about situations such as these, the reality is being unprepared can cause even more distress.
WORKING WITH OTHER PROFESSIONALS
We recognize that we may be one part of your professional team. We are happy to lead discussions with your preferred professional partners on joining your team or we also recommend specialists we trust to help achieve your objectives.