Don't be caught short!
Regardless of your age or individual circumstances, planning for your future retirement is essential. We have the necessary tools to assist you to formulate a vision and target for your retirement.
We start with establishing what level of income you wish and require annually, including provisions for inflation. We assess the level of income producing assets required to generate that annual income and assist you with the preparation of a tax effective personal plan to set out your strategies to acquire those assets.
A retirement strategy is a must for everyone. If you are running your own business a retirement plan would usually be formulated in conjunction with your exit strategy and succession plan. A retirement plan is necessary for anyone with superannuation benefits whether in a self-managed superannuation fund or a public superannuation fund environment. We would also recommend a regular review of your wills and insurances as part of your planning.
Recent changes to the Superannuation system due to be implemented in Australia from 1 July 2007 has provided increased incentives to plan your retirement using superannuation as the major retirement vehicle. For those in transition to retirement (born pre 1964) these changes are very exciting.