Tel: (02) 9633 3300 Facebook LinkedIn
Client LoginAdviser Login
  • Home
  • Who we are
    • Who we are
    • Our Team
      • Simon Clifford
      • Tony Fox
      • Troy McPhee
      • Robert De Ceglie
      • Siboney Corrales-Palacio
      • Ben Atkins
    • 24 hours – A day in the life of Adviser fp
  • What we do
    • What we do
    • Financial planning
    • Financial planning process
    • Gearing
    • Personal insurance planning
    • Redundancy planning
    • Superannuation & retirement planning
    • Self managed superannuation funds (SMSF)
    • Family Business
    • Aged Care – Family & Financial Decisions
    • Information tables, rates & calculators
    • Glossary of terms widely used in financial services
    • General Advice Warning
  • Why choose Adviser fp
    • Adviser fp Client Experience
    • Do you need a financial planner?
    • Your first meeting
    • Five common financial planning mistakes
  • News, Articles and Updates
    • News
    • Financial Knowledge Centre
    • The money needed for a comfortable retirement
    • Buying Life Insurance direct: All is not as it seems
    • The great Australian dream
    • Financially Speaking newsletter
    • Economic Update
    • Financial markets summary & table
  • Contact us
Preparing for Retirement

Preparing for Retirement

Date: February 24, 2016

As your children become independent and mortgages are paid off it’s time to re-evaluate your financial situation to ensure you are in the best position for retirement and beyond. A financial planner can work with you to maximise financial opportunities and ensure you have planned for a stress-free retirement with the financial means to enjoy life.

At this stage in your life you will want to maximise the money available to you in retirement and plan for your estate. Consider:
– taking advantage of super strategies (especially pre-retirement);
– ensuring the right estate documents are in place (i.e. Wills & PoA’s); and
– making your family aware of your plans.

A financial planner can walk you through all these important factors and remove the worry of having to make these decisions on your own.

Take David and Kathy for example: David is 47 and self employed drawing an income of $50,000 and Kathy is 45 working for the local state government receiving a $60,000 income. Between them they own a couple of investment properties worth $1.4 million and have an overall debt of $610,000. They plan to retire in three years but are unsure of the right strategies to do this and still achieve their retirement goals.

By engaging with an Adviser fp financial planner to help plan their transition to retirement, David and Kathy are now well positioned to enjoy the future lifestyle they deserve. After considering their goals, their current financial position and where they want to be in three years, their financial planner used his experience and knowledge to suggest investment strategies that will work towards achieving these goals.

 

“For many people in their 40’s, building a non-Superannuation retirement portfolio is just as important as getting their Superannuation on track, especially when they have plans to retire (either partially or fully) before they can access Superannuation at age 65”

 

Did you know that only four in 10 Australians have a legal will?

If you haven’t already made plans for your estate, now is a good time to make
these decisions and have your financial planner organise the necessary
documents in line with your requests. It’s also a good idea to make your
family aware of the decisions you have made to avoid any surprises during a
difficult time.

 

If you haven’t started planning for your retirement, now is the time to contact us to make an appointment with one of our financial planning team and make your future dreams become a reality.

Share this Story

  • Facebook
  • Twitter
  • LinkedIn
Categories
  • Aged Care
  • Budgeting
  • Business Succession
  • Buy / Sell agreements
  • Capital Gains
  • Cashflow Management
  • Centrelink
  • Certified Financial PLanner
  • Charitable Giving
  • Economic Outlook
  • Emerging Markets
  • End of Financial Year
  • Estate Planning
  • Financial Markets
  • Financial Planning
  • Financial Planning Association (FPA)
  • Goals
  • Income
  • Investment
  • Life Insurance
  • Lifestyle
  • Market Outlook
  • Partnerships
  • Philanthropy
  • Politics
  • Professionalism
  • Property Investing
  • Retirement
  • Risk Management
  • Salary Packaging
  • Savings
  • Sharemarket
  • Succession Planning
  • Superannuation
  • Tax Planning
  • Taxation
  • Uncategorized
  • Wills
Archives
  • March 2022
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • June 2017
  • May 2017
  • February 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
Adviser FP
Adviser fp Pty Ltd is an Authorised Representative of FP Advice Pty Ltd
ABN 30 637 518 533 | AFSL 520310 | Financial Services Guide

Adviser fp Pty Ltd is proud to be an approved FPA Professional Practice

This information is general advice only and does not take into account your financial circumstances, needs and objectives. Before making any decision based on this information, you should assess your own circumstances or seek advice from a financial planner and seek tax advice from a registered tax agent. Information is current at the date of issue and may change.
Copyright © 2022 Adviser fp Pty Limited. All rights reserved.
Professional Practice
  • Privacy Policy
  • |
  • Financial Service Guide
  • |
  • Making a Complaint
  • |
  • Conditions for using this website
  • |
  • Site by wolff