Retirement Planning and Guidance

Enjoy the retirement you want

It is never too early to start planning for your retirement

The earlier you take action on your retirement planning, the higher the likelihood of enjoying the retirement you want.

Putting in the correct plan, no matter your age, can make an enormous difference to the quality of your life throughout retirement. Your “future-self” will thank you for the changes you make today.

We can assist you with a tailored and flexible advice solution on:

Transition to retirement strategies
Downsizer Contributions
Tax effective Superannuation contribution strategies
Cash flow and debt management
Account based pension advice
Pension income requirements

So how much will you need for retirement and how long will it last?

These are questions that we can answer for you. By understanding your situation and needs we can model your current trajectory so you know how your financial future looks.

The actual amount you need depends on your lifestyle aspirations, length of your retirement and investment returns. For example, to provide an income of $70,000 a year, you'll potentially need to accumulate a retirement lump sum of around $690,000 for a period of 25 years. Assuming a return of 7.5% per annum after fees and inflation of 2.5% (note: age pension entitlements may be included).

Is this enough?

For a modest retirement, it is suggested the average 65 y.o Australian needs at least:

$46,620 per annum for couples*
$32,417 per annum for singles*

For a comfortable retirement, it is suggested the average 65 y.o Australian needs at least:

$71,723 per annum for couples*
$50,981 per annum for singles*

*ASFA Retirement Cost of Living June 2023

WE CAN HELP you GET MORE OUT OF YOUR retiremnet

WHAT’S OUR PROCESS?

Free Initial Consultation

In our initial complimentary meeting we will listen to your goals and aspirations. We will then cover in detail the services we provide and explain how we help people achieve their goals

Research

Utilising our broad knowledge base, and ensuring compliance with relevant rules and regulations, we undertake detailed research to ensure we have considered all aspects of your situation.

Strategy

Here we will identify and evaluate a range of strategies based on achieving your goals, and confirm their suitability for best meeting your needs.

advice

We will present you with a Clear & Concise plan to achieve the goals that you set out. This will include all the ‘nuts & bolts’ information and the various steps to be taken to meet your goals.

implementation

Simple – this step is putting the plan into action.

review

We will meet with you AT LEAST once a year to ensure your plan remains relevant and you are still on track to meet your goals.