PREPARING FOR RETIREMENT

Generally, the earlier you can start preparing for you retirement, the easier it will be for you to set the correct path for you to meet your retirement goals. Some of the most common questions we hear from our clients are around retirement planning and regularly include: When can I retire? Will I have enough assets to retire? How much money will I need to have to be able to retire? What happens if the market crashes and I lose all of my retirement money? These are all very real circumstances we are faced with every day and it’s our goal to ensure that everyone has the available information to ensure their retirement is on track and these questions are answered.

Direct Wealth has access to various modelling tools which we are happy to share with our clients to map out their retirement outlook. This enables us to factor in negative market movements, cash flow, and depletion of capital, gifts, taxation and Centrelink. Retirement planning is a very important step of the financial planning process and something we take very seriously to ensure that our clients are able to meet their retirement goals and retain the lifestyle the desire.

Retirement planning is one of the fundamental keys of financial planning. The difficulty is ensuring that we can maintain our lifestyle and meeting personal and financial goals on the way to retirement. At Direct Wealth, we pride ourselves on our ability to explain difficult investment concepts in a manner that can be easily understood.