It is never too early to begin planning for your retirement. Retirement planning is broken down into two key areas: pre-retirement planning (wealth creation, debt reduction and asset protection) and retirement planning (structuring and managing assets to navigate longevity and see you through your retirement phase, keeping in mind succession and estate planning).

Your Pension / Superannuation is a key retirement vehicle and it is integral to future retirement that you have a superannuation fund tailored to your needs. Let us help you make an informed decision on your current or potentially new superannuation fund to provide you with an understanding of the landscape and the choices available.

Self-Managed Superannuation Funds (SMSFs) are an appealing option for business owners and individuals who want to control their superannuation assets. As per the name it literally means you are in the driver seat controlling the course of your retirement benefits. While there are many benefits to having a SMSF, this is a heavily regulated and compliance driven sector with significant ramifications for mismanagement. It is vital that you discuss all options and receive personalised advice from an authorised superannuation specialist prior to making any decisions.

Superannuation areas of advice can include:

  • Review your current account fees and investment options.
  • Consolidate existing accounts.
  • Determine the most appropriate account structure (Industry Fund, Master Trust, Wrap Platform or Self-Managed Superannuation Fund) based on your current financial position.
  • Optimise tax deductible contributions and non-concessional personal contributions.
  • Implement wealth accumulation strategies in the lead up to retirement.

Self Managed Superannuation (SMSF) areas of advice can include:

  • Determine whether an SMSF is right for you.
  • Establish an SMSF and an administration service to handle your legislated duties as Trustee(s) of an SMSF.
  • Annually update your SMSF investment strategy.
  • Assist with the structure of an investment property purchase and any LRBA (Limited Recourse Borrowing Arrangements) using your super funds.

Retirement Planning areas of advice can include:

  • Establish an ongoing tax-effective income stream from your retirement funds once your income ceases or reduces.
  • Navigate the pension transfer balance cap limitations.
  • Access your retirement funds to meet ad-hoc expenses or gifting arrangements.
  • Consider pension refresh strategies and reverse mortgages.

Financial Planning Packages

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