At this stage in life you are:

  • Budgeting to meet your retirement expenses
  • Aiming to maintain your income and lifestyle in retirement
  • Conserving your assets and savings
  • Estate planning

Your financial concerns and goals might be:

  • Ensuring you can maintain your current standard of living in retirement
  • Ensuring you can retire as scheduled and with enough to service your life expectancy
  • Ensuring your Will and Enduring Power of Attorney is up to date
  • Deciding whether to downsize the family home or travel etc

LifePath Financial Planning can provide strategies for Retirees involving:

  • Adjusting your superannuation phases
  • Maximising Centrelink benefits
  • Providing wealth protection
  • Estate planning
  • Reviewing your assets and investments
  • Planning longevity of capital and funding expenses
  • Establishing retirement income streams

Lifecycle stages - pre-retirees revised - v2