Despite the obvious benefits, only 44% of Australians over 40 feel prepared for retirement.1 To ensure you are financially capable of retiring and living the lifestyle you want, financial advice may be critical to offering you peace of mind for the day you leave the workforce.
When thinking about retirement, there are important factors that need to be considered. It can become confusing, but luckily advice is just a phone call away. Many younger Australians believe that planning for retirement is only something that should be discussed or thought about much later in life. However, the earlier you begin this process, the more peach of mind and better off you will be.
The Complications of Retirement
In a recent study conducted by Choice, (reviews and comparison business) a sizeable 83% of people who haven’t retired yet, say that find High Profile Financial Planning for retirement is anywhere from moderately-extremely complicated and 80% find the age pension complicated. 2
People who’ve already retired were also confused, with more than half reporting that planning for retirement and accessing the pension was stressful and difficult.
Many of those who responded to the survey have difficulty understanding how different parts of the retirement system (including super, pensions, savings and tax) fit together. Receiving savings from overseas may also add fuel to an already burning fire.
Seeking the Right Advice via Retirement financial Advisor
When considering a Retirement financial Advisor, there are five critical components to ensuring your retirement needs are met:
1. Understand what your retirement needs are
2. Planning your superannuation strategy
3. Understanding your retirement picture
4. How debt and tax affect your retirement planning
5. Putting the plan into action
As Retirement financial Advisor, we are here to help. We will take your unique circumstances into account whenever we make a plan, to ensure you retire the way you WANT. Don’t wait until it’s too late, because the longer you stall, the less chance you have of smashing your retirement goals and living your dream retirement.
Partners In Planning are privately owned, not tied to any financial institution, do not accept investment or superannuation commissions, and always put your interests first.
We have office in Cheltenham /Mornington/Brunswick and Geelong
Any advice in this publication is of a general nature only and has not been tailored to your personal circumstances. Accordingly, reliance should not be placed on the information contained in this publication as the basis for making any financial investment, insurance or other decision. Please seek personal advice prior to acting on this information.
Australian Financial Services Licensee 476202
Registered Office at: 23/347 Bay Rd Cheltenham VICTORIA 3192
Company Name: Partner in Planning
Contact Person: Marketing Team
Email: Send Email
Address:23/347 Bay Rd
State: Victoria 3192