Retire Easy with Great Financial Advice
For more information and to get started
Retire Easy with Great Financial Advice
For more information and to get started
If you know the cost of your lifestyle, how it is protected and have created the wealth to sustain it.
Your retirement remains only a choice!
If you know the cost of your lifestyle, how it is protected and have created the wealth to sustain it.
Your retirement remains only a choice!
How to Retire Easy
Our advice delivers everything in a transparent and straight forward manner and describing how you develop a robust retirement plan is no different. The answer to how you retire with the peace of mind that everything will be ok is built into our method and advice “building blocks”.
Stage 1. Know what you currently spend and your plans for retirement
Fundamental aspect of retirement is knowing that you can continue to afford your current lifestyle from the income that your wealth produces.
Knowing what cash flow you require now and into the future is crucial when structuring a well thought out retirement that will give you peace of mind!
Stage 2. Know how your current and future situation is protected
Protecting wealth is just as important in retirement as it is to a new family or a developing small business owner. Protecting your wealth in retirement is crucial because in the later years you will become vulnerable to poor decision making of your own doing, but potentially the decisions made by others.
Stage 3. Know how you will continue to create wealth and what income you can
derive from it !
The need to continually create wealth in retirement doesn’t dissipate but evolves from a need to grow to a need to earn.
The need to derive secure income sources from the wealth accumulated will ultimately determine if retirement for a particular individual is achievable. The saying “asset rich, income poor” is true for many entering into retirement.
Stage 4. Retirement
IF YOU KNOW HOW MUCH YOUR LIFESTYLE COSTS, HOW IT IS PROTECTED AND HAVE CREATED THE WEALTH TO SUSTAIN IT.
YOUR RETIREMENT REMAINS ONLY A CHOICE!
Real life case studies to help you relate & learn the power of advice!
Claire
First Home Buyer accelerating her wealth
Toby
Investing, protecting and minimising tax to achieve his aspirations!
Kate & Matt
A family creating wealth & protecting their children!
Bob & Jill
Kids have left, they’re relaxed and ready to start new and exciting adventures!
Understanding how the power of financial guidance, coaching and advice can help you has never been easier and more affordable!
Real life case studies to help you relate & learn the power of advice!
Claire
First Home Buyer accelerating her wealth
Toby
Investing, protecting and minimising tax to achieve his aspirations!
Kate & Matt
A family creating wealth & protecting their children!
Bob & Jill
Kids have left, they’re relaxed and ready to start new and exciting adventures!
Understanding how the power of financial guidance, coaching and advice can help you has never been easier and more affordable!
How much money is needed for Retirement?
Everyone’s needs and expectations in retirement will be different, however, as a general guide, the Association of Superannuation Funds of Australia (ASFA) suggests that for a modest lifestyle, a single retiree needs about $529.61 per week ($27,646 per year). A couple will need about $763.36 per week, or about $39,848 per year, to live modestly.
To live comfortably, a single retiree needs about $828.63 per week ($43,255 per year), while a couple will need $1,169.75 per week (or $61,061 per year). This
amount takes into consideration a car, clothes, private health insurance and leisure
activities such as entertainment and holidays. These figures assume retirees own
their own home and are relatively healthy.
How much money is needed for Retirement?
Everyone’s needs and expectations in retirement will be different, however, as a general guide, the Association of Superannuation Funds of Australia (ASFA) suggests that for a modest lifestyle, a single retiree needs about $529.61 per week ($27,646 per year). A couple will need about $763.36 per week, or about $39,848 per year, to live modestly.
To live comfortably, a single retiree needs about $828.63 per week ($43,255 per year), while a couple will need $1,169.75 per week (or $61,061 per year). This
amount takes into consideration a car, clothes, private health insurance and leisure
activities such as entertainment and holidays. These figures assume retirees own
their own home and are relatively healthy.
We also provide targeted Mentor Sessions!
Our selective mentor and coaching programs can educate you on budgeting, structuring your loans, superannuation, SMSF’s, estate planning, gearing and debt recycling. Our aim is to give you the best chance of hitting your goals!
We also provide targeted Mentor Sessions!
Our selective mentor and coaching programs can educate you on budgeting, structuring your loans, superannuation, SMSF’s, estate planning, gearing and debt recycling. Our aim is to give you the best chance of hitting your goals!
How much money will you need in Superannuation savings for a comfortable retirement?
The figure of one million dollars is often touted as a rough guide as to how much money you will need in superannuation savings to enjoy a comfortable standard of living in retirement.
However the reality is that many people will approach retirement age with substantially less money. This is where advice from a financial adviser can be particularly beneficial. An adviser can assess your situation and
provide you with strategies and recommendations to boost your superannuation savings while you are still working.
How much money will you need in Superannuation savings for a comfortable retirement?
The figure of one million dollars is often touted as a rough guide as to how much money you will need in superannuation savings to enjoy a comfortable standard of living in retirement.
However the reality is that many people will approach retirement age with substantially less money. This is where advice from a financial adviser can be particularly beneficial. An adviser can assess your situation and
provide you with strategies and recommendations to boost your superannuation savings while you are still working.
What makes a successful retirement?
A fulfilling life is about more than just money. Many of us enjoy the social aspects of coming to work, the sense of belonging and camaraderie and working towards achieving shared goals. For others, voluntary work at a favourite charity, community group or other organisation they’re passionate about brings a sense of fulfilment that simply can’t be achieved by working for financial reward alone. It’s important to consider how you will continue to enjoy these less tangible aspects of life in retirement when you have more time on your hands. Put simply, ensuring that you have enough money to do what you want in retirement is an important part of your retirement plans but how your life will continue to be truly rewarding and personally fulfilling is equally important and is often overlooked.
What makes a successful retirement?
A fulfilling life is about more than just money. Many of us enjoy the social aspects of coming to work, the sense of belonging and camaraderie and working towards achieving shared goals. For others, voluntary work at a favourite charity, community group or other organisation they’re passionate about brings a sense of fulfilment that simply can’t be achieved by working for financial reward alone. It’s important to consider how you will continue to enjoy these less tangible aspects of life in retirement when you have more time on your hands. Put simply, ensuring that you have enough money to do what you want in retirement is an important part of your retirement plans but how your life will continue to be truly rewarding and personally fulfilling is equally important and is often overlooked.
Superannuation explained
For most of us, our superannuation savings will form a substantial part of our retirement plans. Your superannuation balance is largely influenced by a number of factors such as how long you’re been saving in the superannuation environment, what your investment returns have been like over time, and the contributions made by you and/or your employer. Generally speaking, your retirement will be more comfortable and financially secure if you are in a position to make extra contributions into your super fund over and above the contributions made by your employer.
Taxation Incentives
The Federal Government offers a range of incentives to encourage Australians to use the superannuation environment as a way to save for their own retirement. For example, tax concessions may be available when you contribute money into your super fund, on the investment earnings within the super fund, and on the funds you withdraw. Superannuation investment earnings are usually taxed in the fund at just 15%, instead of your marginal income tax rate. Capital gains on assets held within the fund for more than 12 months are taxed at only 10%. Once you begin receiving a pension (but not a transition to retirement pension), no tax is paid on the earnings and capital gains. This can increase the returns to help your savings last longer.
Taxation Incentives
For more information and a financial case study
We are living longer than ever before
According to the Australian Bureau of Statistics, life expectancy in Australia is amongst the highest in the world, and on record. For example, on average, a male born between 2013 to 2015 can expect to live to 80.4 years of age, while a female can expect to live 84.5 years. So, depending on the age you retire, you may need enough money to last more than 20 years.
We are living longer than ever before
Retirement Means Different Things to Different People
For some, it means the ability to spend more time with loved ones while for others it may mean pursuing a neglected hobby or travelling the world. Regardless of whatever retirement means to you, one thing is for sure – no one wants to spend their later years worrying about money. Some careful planning can help to set you up financially for your retirement years ahead. Even if you think you may have left it a little too late, some careful planning today can still make a difference to the quality of life you experience when you eventually decide to retire.
Retirement Means Different Things to Different People
For some, it means the ability to spend more time with loved ones while for others it may mean pursuing a neglected hobby or travelling the world. Regardless of whatever retirement means to you, one thing is for sure – no one wants to spend their later years worrying about money. Some careful planning can help to set you up financially for your retirement years ahead. Even if you think you may have left it a little too late, some careful planning today can still make a difference to the quality of life you experience when you eventually decide to retire.
