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Investwell Financial Planning
Retirement Planning
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Any investment strategy should be a retirement plan as well, building the wealth to enable you to reap the rewards of a lifetime's work. It is natural to want a level of income sufficient to maintain or improve on the lifestyle you enjoyed prior to retirement, but you need to plan early to ensure you can be financially independent in later years.
As well as heralding a significant change in lifestyle, retirement means making investment decisions that affect your cashflow. Do you cash your superannuation out or rollover into an allocated pension? What type of pension best suits you? Do you qualify for any Centrelink entitlements, and how do your other assets affect them? Many other questions also need to be answered if you want the maximum benefits with the minimum of tax and other charges.
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