Create a tailor-made retirement plan NOW to help you achieve the lifestyle you aspire to when your career comes to a close – ideally one that won’t rely on Government pension payments to make ends meet.
For those whom retirement may be decades away, planning early could circumvent the need to play catch-up later in life when mortgages, expanding families, children’s education costs and other additional expenses can place extra pressure on your finances.
If retirement is more imminent, your financial adviser will engage with you to determine when you would like to retire and what shape your retiree lifestyle will take. From there, a tailor-made retirement plan can be constructed with a view to help you realise those identified goals within a specified time frame.
A range of scenarios can be explored, from making adjustments to your current lifestyle, to contemplating post-retirement income streams or possibly delaying retirement to consolidate the structures that may help you enjoy greater freedom during your senior years.
Cotter Financial Services (together with aligned researchers from Innova Asset Management) highlight the five year period before and after retirement as potential time frames when a strong risk strategy may be appropriate for protecting your retirement plan from the impacts of significant market shifts.
In addition to offering risk protection strategies designed to preserve and protect your retirement plan, matters pertaining to your Aged Care and Estate Plan may also be considered within your overall retirement plan. For more information about retirement planning, contact Cotter Financial Services on P: (07) 3333 2610
The information provided is general in nature and does not take into account your particular investment objectives, financial situation or insurance needs; we therefore recommend you seek advice tailored to your individual circumstances before making any specific decisions.
Cotter Financial Services and its advisers are Authorised Representatives of Fortnum Private Wealth Pty Ltd ABN 54 139 889 535 AFSL 357306 Australia Credit Licence No 357306 trading as Fortnum Financial Advisers.