Retirement is the point where a person stops employment completely. Our retirement planning advise can help you with all the financial aspects of retire life .

We know even the thought of retirement can cause anxiety while you are working and very much active today. But it’s always wise to plan ahead to balance the life you want to live today with the life you want to live in retirement.

THERE ARE SEVERL TYPES OF RETIREMENT PLANS

The age you plan to retire can have a significant impact on your retirement planning and strategy.

SAVING FOR RETIREMENT

Contribution into your super is one of the ways to save for retirement. Currently, employers are required to contribute 9.5% of their employee’s gross income into super. However it may not guaranty to fund your lifestyle in retirement. You may look for other ways like additional contribution to super, salary sacrifice, super consolidation to save more for retirement.

INVEST FOR RETIREMENT

Another way to grow your super balance is to investment it. You can choose from MySuper which is a default fund, SMSF, Retail fund, Industry fund or Corporate fund. All of them have pros and cons and may generate low, high or sustainable returns. Depending on your financial circumstance and retirement goal, a suitable super investment strategy can grow it substantially.

TRANSITION TO RETIREMENT

It’s a strategy allows you to withdraw maximum of 10% from your super savings as a form of pension before your retire from work. You will reduce your working hours and get an income stream from your super savings. However you cannot draw any lump sum amount. The criteria of TTR is to reach at the preservation age (between age 55 to 60 depends on when you born). The income from TTR is taxable at your marginal tax rate but you also can get 15% tax offset. After age 60, it will be tax free in most cases.

AGE PENSION

It pays out a steady income to help the retirees. Depending on your birth year, you may be entitled to the Age Pension from age 65 to 67.  Age pension can give upto $834.40 (single maximum normal rate) or $1,258.00 (couple maximum normal rates) per fortnight based on eligibility. To qualify for the age pension, you must be 65 or older Australian resident and live in Australia. Your age pension amount will be based on the income you earn and the value of your assets (known as Income – Asset test.)

PLAN TODAY FOR A BETTER TOMORROW

Talk to our Retirement Planning adviser to plan a smooth retirement and finances to continue your lifestyle

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HOW CAN WE HELP IN RETIREMENT PLANNING

With the extensive experience and best knowledge of the industry practices, our financial advisers are best in addressing the changes over lifetime and help to remove difficulties and build a retirement plan that is effective in stretching your retirement income for as long as possible and also grow your income for an enjoyable retired life with a peace of mind.

  • Help you to have a clear idea about how much money you need to live the lifestyle you design after retirement.
  • Calculate the amounts that need to be saved (inside or outside super) to ensure income streams after retirement.
  • Craft the best structure for your retirement savings.
  • Design and implement a suitable investment strategy that suits the risk levels based on your age.
  • Check the other income sources (e.g. Centrelink benefits entitlement) in pre and post retirement phase.

Get your free financial consultation !

Contact us to make a free appointment for free initial consultation and we will organise a meeting as per your convenient time and location.





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“I just don’t know how to describe your services. You’re extraordinary! Glad you’ve fixed my retirement planning and investments which are growing. Just keep up going this way!”

Terry P.

Retirement Planning