Services
06. Retirement Planning
Planning For Retirement
Retirement can be an exciting time, with many adventures planned ahead. But to live the retirement you dream of, it’s important to start planning early. Australians are living longer, healthier lives which means we can expect to enjoy a lengthy and active retirement. Our extended retirements mean expert financial planning is required.
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SORT OUT YOUR SUPER
Superannuation is one of the most important ways you will save for retirement. We can advise on the best superannuation option for you, and how to make the most of tax concessions and salary sacrifice.
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BUILD YOUR INVESTMENT PORTFOLIO
The investments you make over your working years are vital in growing your wealth. We ensure your investments are diversified and positioned for long-term growth.
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PLAN YOUR BUSINESS EXIT
The right exit will help you realise the value you’ve spent years building in your business. We can help plan your exit from your business, and ensure the separation of your personal and business assets.
How Much Money Will I Need For Retirement?
According to the ASFA, a retired couple will need around $61,000 per year to live at a comfortable standard. This calculation assumes you already own your own home.
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Since the average length of retirement is around 20 years, this means you will need a lump sum of at least $900,000 when entering retirement, on top of the value of your family home. This lump sum accounts only for living expenses – the amount you need will increase if you plan to travel widely, or to help your children or grandchildren with expenses to prepare for their future.