Have you started planning for retirement yet? Whether its decades off or looming around the corner, you will need a solid plan in place and Arrow Focus on Wealth can help you to create that, even if you plan on retiring early.
While we work with clients who are 10 years or more from retirement (aged 50 to 55), it's never too late to start planning.
The key to planning for retirement is looking at what you would like to retire with and work backwards from that. Other factors to take into consideration include:
Assets - What you have in terms of properties, savings and investments
Superannuation Fund - How much is in it and when you can get access to it
Official Retirement Age - When you can apply for your age pension and your eligibility.
Our retirement advice is multifaceted and takes into account a number of factors. These include diversifying your investments to ensure they outpace inflation and reviewing spending habits. It also takes into account any entitlements, concessions and rates you might be eligible for.
With superannuation laws changing often (with the introduction of transfer balance caps, removal of tax exemptions and cuts in concessional contributions caps to name just a few) you also need to make sure that your retirement plans are taking account with these changes.
If you're not sure where to begin, then don't worry. We'll start by working out your ideal retirement income and age. Then we help you translate this goal into various steps that you can work towards achieving on a yearly and monthly basis.
Don't wait another minute to get planning. Book your 100% free, no obligation, retirement planning meeting with Arrow today by calling us on (07)55 303 500 or emailing firstname.lastname@example.org.
Book a free meeting with us today to find out!
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