Throughout life you come to many crossroads and it can be difficult to overcome that sense of uncertainty when making big financial decisions.
If you’re planning for your life after work, we’ll work together to make sure you have a solid plan to get there and are taking the right actions to ensure you don’t undo all of your hard work.
You’ll feel secure that you’re always on track and will be able to deal with anything that comes up.
Understanding your current situation
Before we plan to build for your future, we need to understand where you currently are. We’ll take a look at:
- Spending habits
- Super balance
This is a completely non-judgemental process – there’s no right or wrong place to start, only your place to start.
Setting your goal
Once we understand where you are currently, we’ll look at where you want to be.
As you start to look towards retirement, it’s natural to think about how much you’ll need in your super balance to support your lifestyle once you are no longer earning a regular salary.
We’ll work together to understand what your ideal life after work looks like, and then ensure that you are doing what you need to get there.
With a clear picture of where you need to get to, we’ll design a customised investment portfolio to help you achieve your goals.
As you move through life, your appetite for risk should change – high risk investments may no longer be appropriate as market corrections could undo years of hard work.
We’ll recommend the best combination of investment types and asset classes for your stage of life (such as Australian and international shares, cash, bonds and property) and show you how to manage the risks so that you can enjoy the rewards.
We will arrange the investments on your behalf, and proactively manage and monitor your portfolio so that it grows and changes to suit your changing needs.
Property is one of the most popular investment vehicles in Australia – it’s estimated that over 2 million Australians have at least one investment property.
We’ll work together to ensure that any property you own, either as a primary place of residence is working as hard as possible to help you achieve your goal.
By using the right structures, adopting the right investment strategies and maximising your deductions, we can minimise unnecessary tax leaving more of your income and wealth for you to enjoy.
We know what the rules are, and how to use them to your best advantage. And we keep on top of the changes and help you adapt your strategy as necessary.
Super & Retirement
10% of your income goes into superannuation and at this stage it’s likely either your largest or second largest asset (after or in-front of your home).
Super also offers some of the best tax incentives on offer and by putting extra money into your super fund you can reduce the tax you pay now, while securing a higher income for yourself in retirement.
We can help you make sure you have the right fund, the right investments, that you’re putting the right amount in so your super is working as hard as possible for you.
Insurance is a smart decision throughout our working life to ensure that we are protected if the unthinkable happens. However, as we get older, our insurance requirements change and it can mean that we end up paying more than we need to.
We can help you figure out what insurance you should have, and how much. We’ll then find the right insurance company and guide you through your application. And if you ever need to make a claim, we’ll take care of this process for you or your family.
As you start to look towards your life after work, you may also be considering the life your family will have once you are no longer with them.
There are some big questions to answer: Who will look after my family if something happens to me? Or if I suffer an injury or illness and couldn’t look after myself anymore, who would I trust to make important decisions for me?
We can guide you through the process of answering these questions, and then help you document your intentions.
You’ll leave knowing that your affairs are in order, and you can go back to focusing on happier things.
Kay’s ‘Right Path’ story
After a successful 30 year career in corporate HR in Sydney, Kay recently decided to make a ‘tree change’ and move to Orange, NSW.
It was a move to a different environment, a slower pace of life and a change to both incoming salary and expenses.
Kay wanted to ensure that she was making the right decisions when it came to selling property, structuring her super, working towards a retirement super balance that would support her desired lifestyle once she finished work.
Working with Rachel has really built my feeling of security and confidence. Peace of mind.
I feel comfortable that I’m on track to achieve goals, and will be able to deal with anything if it comes up
We worked together to build a plan to ensure that Kay was confident that she was doing what she needed to do to support herself and her family in her life after work.
If you’d like to ensure you’re doing what you need to protect and grow your assets, then I’d love to have a chat.
Whether it’s to answer a quick question or to begin working together, just drop me a line: