Retirement Planning

During your pre-retirement years, super ‘suddenly’ can become your major focus as retirement is just around the corner.  Money that once went into a mortgage now goes into wealth accumulation, particularly super, as you start thinking about the lifestyle you want in retirement.

For some, this stage of life may start at 45 or 50, while for others the pre-retirement years may start at 55, 60, or even later, depending on when you plan to retire. Financial planning at this stage of life is about maximising investments, balancing risk and return, contributing additional money to super and reviewing risk insurance needs.

For some, easing into part-time work, and taking advantage of the Government’s transition to retirement rules is the ideal way to the next phase of their lives.  Retirement may mean time to devote to the house, gardening and golf. For others it may be time to start that world trip, write that book or try bungee jumping.  Whatever your plans, maximising your retirement savings is essential, and the way you structure your finances can greatly affect your overall retirement income.

How we can help

Your adviser at Aspirations Wealth will review where you are now, understand and help develop your goals for retirement, and then identify what needs to be done to achieve those goals. We will:

• Help organise and prioritise your goals and aspirations

• Simplify superannuation jargon so you understand it

• Identify how much you need to retire

• Identify what steps you need to take to achieve your goals and aspirations

• Offer you clear strategies that suit your needs