Superannuation & Retirement Planning

Plan for the life you want in retirement

Superannuation & Retirement Planning

Superannuation is a long term savings vehicle that allows you to invest tax effectively, specifically designed to help you build up the finances you will need to live the life you want in retirement.

Through super, you can hold a wide range of investments such as shares, property, fixed interest and cash.

Employers must pay superannuation contributions on behalf of their employees. You can also choose to add money into superannuation out of your own pocket. If you are self-employed, you can choose whether to contribute to superannuation.

Boost your income in retirement

As the baby boomers begin to wind back their work commitments, an increasing number of Australians will need to draw on financial assets as a source of income to supplement any government support. In the context of constrained economic expansion and people now living longer, retirement planning becomes critical.

A few things to consider:

Once you stop working, how will you meet your cash-flow needs to cover everyday expenses such as food and energy?
What kind of lifestyle do you want to lead? How do you visualise your activities in the early stage of retirement - going to the cinema every month or perhaps an overseas holiday every year?
Do you anticipate setting some money aside to support long-term aspirations such as providing financial assistance to grandchildren or making a large contribution to some other cause close to your heart?

There are a lot of moving parts when it comes to planning for retirement. You need to identify and prioritise your goals, estimate how much income you may need and assess your likely financial capacity in retirement. Then you are better positioned to work out what saving and investment decisions to take today that could help you boost your income in retirement.

At Grow & Protect Financial Solutions we can help you through this process, considering your objectives, your personal circumstances and prevailing market conditions to design a strategy that is most suitable to you.

At Grow & Protect Financial Solutions we provide advice on:

Superannuation & Retirement Planning (including Self Managed Super Funds)
Transition to Retirement
Allocated Pensions & Annuities

Ready to plan your retirement?

This website contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information.