Create Your Wealth

STEP 1: DO YOU KNOW WHAT YOU WANT?

The first step in planning for retirement is knowing what you want your retirement to look like

Do you want to play golf, sit on a Board of Directors, spend all your time traveling?

Do you want to stay put or move closer to family, or upsize or downsize your home?

Do you want to pass your business or estate on to family, sell them, or make other arrangements?

STEP 2: DO YOU KNOW HOW MUCH YOU NEED?

Only once you know what you want, can you then begin to calculate how much you will need to fund this

Financial security is currently the most common factor influencing when Australians retire, according to the Australian Bureau of Statistics

Take control of your own destiny by achieving financial security on your own terms

A professional retirement adviser can help you account for tax, inflation, and other factors in your calculations

STEP 3: DO YOU KNOW HOW TO ACHIEVE THIS?

Australians are living longer than ever, so your retirement funds may need to stretch upwards of 20 years

A professional retirement adviser can help you navigate the complex compliance rules around tax, social security, investments, and superannuation

They will also help you structure how you receive your retirement funds, whether in a lump sum, in the form of an income, or a combination of both

Finally, they can even help you during retirement to continue managing your retirement savings, plan your estate, and exit your business

The earlier you seek advice for retirement, the more options you’ll create for yourself.
You only have one life, so make the most of it with help from one of our advisers!

Protect yourself today. Book a free consultation with one of our advisers.

 

 

RETIREMENT STRATEGIES

Account for life expectancy

A boy born in 2013-2015 can expect to live 80.4 years, while a girl can expect to live 84.5 years, according to the Australian Institute of Health and Welfare. This increases at retirement age: men aged 65 in 2013-2015 could expect to live to 84.5 years, and women 87.3 years!

Plan for the long-term

  • Consider investing in growth assets
  • Keep a long-term view even in times of market volatility
  • Choose the most appropriate income stream for you
  • Consider eligibility for any Centrelink benefits

Invest in growth assets

  • You need sufficient growth to stay ahead of tax and inflation over the long-term
  • Shares can provide capital growth and income
ANZ CIO Research

Ex: Helen invested her super in a Conservative option returning 6%.

At the suggestion of his adviser, Christian invested in a less conservative option with a higher percentage of growth assets that returned 8%.

Where would you rather sit?

Source: ANZ CIO Research

Pick the appropriate income stream