Retirement is where the focus shifts from building wealth for the future, to fully embracing the present.
Now is the time to immerse yourself in the experiences that bring joy, fulfilment and connection - whether that’s exploring new destinations, enjoying quality time with loved ones, or pursuing passions that have always called to you.
As you step into this phase your financial strategy should align with your new lifestyle. You may need to consider simplifying your spending to live comfortably on your investment income or perhaps you are indulging in new opportunities made possible from the sale of major assets.
Every individual’s journey into retirement is as unique as their experiences -shaped by the legacy of superannuation, inheritances, or the wealth you’ve built throughout your life.
Now is the time to ensure your financial strategy is tailored to your personal goals, priorities, and vision. It’s about allowing your wealth to work for you so you can get on with enjoying your 'golden years'.
Live for today knowing you are prepared for tomorrow
Retirement should be about living the life you’ve worked hard for, but also making sure you have a sustainable plan in place for the years ahead. Whether you're actively or passively retired, planning is key to ensuring your financial security and peace of mind.
Consider what lies ahead - will you travel more? Take up new hobbies? Downsize your home? Move into a retirement village? Spend more time with your grandchildren? Maybe you're planning to leave a legacy for your children or grandchildren or wondering about how to manage healthcare and long-term care costs?
Reduce your risk
Preserve your wealth by minimising major risks. You might feel it's time to review your investment portfolio and adjust for a more conservative strategy.
If unexpected healthcare and aged care costs arise, it’s important to be prepared for these unforeseen costs and circumstances.
Reviewing your Will, having a plan for your estate and considering the tax implications for a surviving spouse or beneficiaries, can provide peace of mind no matter what comes next.
Secure your legacy
As you move into the next phase of life, your focus will likely evolve from wealth preservation and day-to-day living expenses to creating a lasting impact through thoughtful estate planning. This is an opportunity to ensure your wealth supports your loved ones, or charitable causes that are meaningful to you, while minimising financial complexities or burdens for future generations.
A well-structured succession plan offers clarity, control, and peace of mind - both for you and the people you care about most. Whether your goals involve seamlessly passing on assets to your family, supporting philanthropic endeavours, or ensuring financial stability for future generations, strategic planning will ensure your intentions are met with confidence.
You’ll want to make sure your financial resources last so that you can continue enjoying life while managing any health challenges. Having a clear understanding of your future income streams and expenditures will ensure that you can keep living the lifestyle you’ve envisioned without stress.
Our financial advisors are here to guide you through these important decisions, ensuring that you protect your wealth, plan for the future, and maintain your lifestyle well into your later years.