Retirement Planning
Frequently Asked Questions
- Am I on track with my retirement savings?
- Will I be eligible to receive the Age Pension?
- How much money will I need when I retire?
- What should I do now to boost my income in retirement?
- Is my portfolio properly diversified to meet my retirement goals?
- What retirement strategies can I put in place?
The best time to start planning your future security is right now. An integral part of any retirement strategy is to ensure your savings are sufficient to provide a comfortable and affordable retirement.
All factors that impact your individual retirement goals have to be taken into consideration when designing the most suitable investment strategy whilst maximising your income and minimising taxation implications.
“Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.”
Warren Buffet
CASE STUDY
David’s wife had already retired when he came to see us at WPA for financial advice. With his 60th birthday approaching, David had a session with one of our financial consultants to explore how much longer he needed to work so he could begin planning his retirement.
With a good amount already in superannuation, David hoped the addition of a small inheritance would mean he could retire early.
We helped David with his retirement planning by providing financial advice on investment and wealth creation. As his financial adviser, we were able to help David create a strong investment structure. “My financial planner helped me find the most tax effective solution by dividing our funds between super and other investments,” David says.
Further financial advice from WPA meant David and his wife could put some money aside to help their son with a deposit for his first home.
