Retirement Financial Planning
with Horizon Wealth Advisory
Retirement can be a season of great opportunity. Your time is finally here to spend with the people who matter most, and to pursue activities and interests that may always have taken second place to work. After years of responsibility and dedicated effort you have the chance to ease off and enjoy the moment. Reaping the benefits you deserve does require careful retirement financial planning, especially in today’s world of shifting resources and priorities.
We’re Here for You
Horizon Wealth Advisory is here as your trusted retirement financial advisor. We have been in this role many times with our valued clients, and we’ve seen many successful transitions from a life of work and achievement to a one of more personal fulfillment that lies beyond. Horizon Wealth Advisory is your Brisbane financial planner. Take the first step on your new road by contacting us today for a preliminary consultation. Call us on 1300 351 716, email info@horizonwa.com.au, or get in touch on our contact page.
Almost Ready for A Change
Every retirement transition is different, but it is always a big move – usually bigger than anticipated. We find that many of our clients wish to establish a gradual pace. They may step into an advisory role at their current employment or do some consulting. This has advantages for everyone – their depth of knowledge remains available to guide younger associates, and the many changes that retirement brings don’t happen all at once.
There are significant financial considerations to a gradual retirement, especially as regards accessing a portion of your superannuation with a tax-advantaged strategy, tailored to your anticipated income requirements. This is often complicated and should be planned by professionals. We will study your specific situation closely, using our expertise and years of experience in retirement financial planning to determine the best approach for creating your optimum retirement lifestyle.
Financing Your Retirement
As the steady flow of employment compensation comes to an end with retirement, a reliable income from outside sources is a foundational need. This will require the services of a competent retirement financial advisor. Your investments for retirement must balance good growth with long-term stability and security.
Entire financial careers are built on achieving that ideal mix – it is not something anyone can expect to do in an afternoon. In a world of rapid changes, it is also a process rather than a static solution. Our advisory service includes continuing review and update by qualified retirement financial planning professionals, to ensure that your financial goals and needs are being met reliably throughout your retirement years. We can assist with all options, including decisions involving your superannuation and the many details of a self-managed super fund.
The Details of Your Retirement Income Stream
Just as in so much of life, stability and happiness in retirement comes down to having enough money to live safely and comfortably. Years spent in a good position at a good employer will lay a firm financial foundation, but there will be many choices and decisions you’ll then need to make to build your retirement. You’ll need to decide whether to withdraw your superannuation as a lump sum or be paid a continuing regular income. You can usually choose to be paid on a transitional basis as you move into retirement, or as a full income stream if you retire completely.
In addition, you may benefit from other solutions such as investments in shares or funds, purchasing an annuity, or even setting up income from rental properties. There are tax considerations for all scenarios, and every situation will be different. Your retirement financial advisor at Horizon Wealth Advisory will be able to help you make the right choices. Finding the right combination is the basis of good retirement financial planning.
Planning for Retirement?
Take the important first step toward a fulfilling retirement. Choose Horizon Wealth Advisory for the financial services Brisbane has come to know and trust. Consult with professionals who understand your requirements, know the legal and tax implications of retirement, and share your vision of what a successful and enjoyable retirement should be. Call us on 1300 351 716, email info@horizonwa.com.au, or get in touch on our contact page. The best time to begin is now.
Frequently Asked Questions
What is the First Step in Retirement Planning?
Selecting a professional retirement financial advisor should be your first step in retirement planning. Providing for a comfortable retirement will frequently require a diverse mix of income sources. Some may already be established and will need to be optimised, such as superannuation. Others will need to be developed and initiated. There are legal and tax questions to be answered. It is a complex undertaking, and you will benefit greatly from competent professional assistance.
Why is Retirement Planning So Important?
Retirement will happen for all of us at some point, but living well in retirement doesn’t happen by itself. The days of generous pensions and company-managed retirement plans are behind us. We are also healthier and living longer these days, so we can look forward to more years of retirement, and more active interests in those years. We must make many arrangements for ourselves, and they will need to provide for a fuller life than in the past. A retirement financial advisor is a great help in this. Retirement financial planning benefits from the longest possible lead time, so we should begin planning as soon as possible.