Retirement Planning

The decision to retire rarely happens overnight. It’s often a gradual process that requires you to take into account your individual financial situation to ensure that you will have enough money to live on when you stop work.

Since 1 July 2017, the Australian Government has set a $1.6 million limit on the amount you can transfer into a superannuation account in pension phase.

Will you have $1.6 million in superannuation when you retire, or will your current superannuation balance be enough to fund the lifestyle that you want.

Whatever your individual circumstances are a detailed financial plan, foresight, and strategic thinking will pay off big in the long run.

Research has found that financial advice from a qualified financial planner can add 3% in net returns to a client’s portfolio, for an investor with an initial superannuation balance of $100,000, the difference 1% on investment returns can make is $361,164 or 25.85% over 30 years. Increase that to 2% and the investor would miss out on $629,466 in superannuation at retirement.

Our university-qualified financial planners can help you develop a comprehensive diversified investment strategy to generate a portfolio of tax-effective income and or capital growth, and help you decide which underlying investments to invest in.