Retirement Planning

Well done. You’ve worked hard,  achieved a lot and somewhere on your Horizon is a life without work.

Many Australians spend more than a quarter of their life in retirement. So, one of the most important decisions you’ll ever make is how you will finance your lifestyle when you retire.

By this stage of your life, you’ve probably ticked a lot of boxes. You may have made significant inroads with your mortgage. Your children may be independent or about to start out on their own, or you’re enjoying the rewards of a long and successful career. And you’re beginning to think, ‘what next?’

As the life expectancy of Australians continues to rise, so does the length of time that many people will spend in retirement.

According to the Association of Superannuation Funds of Australia, to have a comfortable retirement lifestyle, single people will need a superannuation balance of $545,000 and couples will need $640,000.

At Coral Horizon Financial Planning, we provide the right financial advice to guide good decisions, setting you on the path towards a secure retirement — one that gives you the lifestyle you want and matches your life and financial goals.

We help your savings grow, so you can enjoy a long and comfortable retirement. Whether you’re still decades away from retiring, about to retire or already there, our team can develop a financial strategy that ensures you have enough money to retire in style.

Your financial plan will be completely tailored to your current financial situation and the lifestyle you’d like to enjoy in retirement, whether it’s travelling the world, boosting the bank balance of your children or spending time in the garden.

We’ll take the time to understand your needs, then develop a strategy that builds your nest egg in the most tax-effective way possible and secure a comfortable retirement income. This may be through super contributions, reviewing your super fund, acquiring or building a portfolio of shares or investing in property.

Managing debt is an important part of retirement planning, so we aim to consolidate and reduce your debt, so you’re not burdened by financial stress in retirement. We’ll also help you manage your allocated pension, apply for the Government Age Pension or create a transition to retirement strategy.

Once you’re retired, we can also keep an eye on your retirement balance and help you maintain a budget, to make sure you have sufficient funds to live the retirement lifestyle you desire. It’s never too late to take control of your retirement savings and plan for this exciting stage of your life.

It’s never too late to seek financial advice to start planning your retirement. Small changes now can make a big difference in retirement.

General advice warning – 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.

Looking to take control of your retirement savings?

Contact us to make an appointment with our retirement specialists and explore the options available to you.