Coast
Life is about to begin again, and this time you’re going to coast. You’ve worked hard to get to this point. You’ve raised a family, taken your chances and now its time to reap the rewards.
You have an abundance of time on your hands. Engage in new activities, catch up with old friends and spend quality time with the grandkids. Where your money is coming from should be the last thing on your mind and with great advice, it will be.
To learn more about how a financial adviser can help, read the blog “What does a financial adviser really do?“
Education, Budgeting and Savings Plans
The most challenging thing about funding a lifestyle at this time of your life is the uncertainty of knowing how long it will need to last. As mentioned throughout these life stage snapshots, Education, Budgeting and a Savings plan are fundamental regardless of the period of your life. It is no different once you retire.
If you would like assistance in this area, we are more than happy to help.
Investment and Wealth Creation
At this stage of your life, your risk profile and investment time horizon are fundamental in any strategy. Having a well-diversified investment portfolio with exposure to varying asset classes is a crucial component of avoiding the stress of significant movements in financial markets. Particularly when meeting your day to day financial obligations depends on the performance.
Getting your financial holdings reviewed at this stage of your life is critical. If you are lucky enough to find your yourself dabbling in this area as a hobby, then you may be able to make use of our resources and experience. Get in touch to find out more.
Business Solutions
Business succession and knowing the most tax effective options that are available to you on the sale of your project are vital parts of wealth preservation and financial planning, especially now.
Call us for more assistance in this area
Superannuation
There are opportunities and strategies available to you now, to boost your super and ensure that the earnings and pensions drawn, are free from tax. Keeping your investment strategy aligned with your goal is essential, and changes need to be made to secure your retirement funding.
Make sure you get your advice, from people you trust.
Wealth Protection and Personal Insurance
Is it still relevant to your circumstances? Is there the prospect that you are over-insured? If we have been doing things together to this point, there may be no need to retain cover, especially when we factor in the cost. However, some options and strategies could be beneficial investigating.
Call us to explore.
Estate Planning
It is a critical time to address your Will, Power of Attorney, Enduring Guardianship and Advance Health Directives. These are all part of any holistic financial plan and now is a more important time than any to have this area considered.
Making sure that your assets go directly to the people you care about, most effectively, will take the involvement of a professional. We can help and point you in the appropriate direction.
Children's Education
Providing a financial hand to your children and grandchildren for a top quality education may be something that you are in a position to explore.
Call us to talk about your options where they can benefit.
Retirement
There are things that you can do at this stage of your life to ensure that you can fund the lifestyle you have always planned. The strategies are numerous and should be tailored to your circumstances. It may or may not include working with the Department of Veterans Affairs, Human Services or other government agencies. Make sure that you are getting relevant advice to remove the worry and anxiety from your day-to-day life so you can concentrate on the things that are most important to you.
Age Care
Getting a strategy in place as you look to review your options is reliant on finding and working with a professional you trust. There are numerous strategies that can be taken advantage of so that you and your family are not worse off by having to move into an aged care facility.
Talk to us for a full break down of your options.
