Pre-retirees
At this stage in life you have:
- Minimal or no debt
- A high disposable income with no dependents to support and little debt to service
- A greater earning capacity (compared to when you were an inexperienced worker)
- An increased capacity to save
- A growing investment or superannuation portfolio
- Accumulated assets
- A comfortable standard of living
Your financial concerns and goals might be:
- To start planning for retirement and retirement income streams
- To maximise investment earnings and savings
- To continue to accumulate wealth
- To protect your wealth
- Estate planning
LifePath Financial Planning can provide strategies for Pre-retirees involving:
- Ensuring your investments are tax effective
- Ensure you can meet your retirement requirements (how much you need and when you want to retire)
- Plan your transition to retirement
- Restructure your assets to maximise Centrelink benefits
- Budget and cash flow analysis
- Personal risk insurance
- Estate planning
