IDENTIFYING YOUR RETIREMENT GOALS

Identifying your short and long-term goals for retirement is fundamental to us here at Orange Financial Planning and a speciality for retirement expert, Kim Bryant.

According to Kim, people often turn to a financial planner to help simplify their finances and set achievable financial goals, providing greater confidence to plan for their future.

“At Orange Financial planning, we will also be able to help you with areas such as budgeting, cash flow management, a savings plan, superannuation, tax planning, debt management and reduction, insurance, investments, aged care and retirement planning,” Kim outlined.

“Understandably, your financial goals will change over your lifespan. You need a financial plan to suit the stage of life you are in. Retirement is on everyone’s mind. It might be pre-retirement, and time to start enjoying life now or paying off that debt before retirement and being able to access your super while still working.

“Concerns that most clients have include debt elimination, family healthcare, helping their children, retirement planning, and estate planning. The big question is always…how much do I need for retirement, and can I afford to retire?”

PLAN TO SUCCEED – PLAN EARLY!

Retirement is the time to indulge in travel, hobbies, family time and prepare for transferring your wealth. While there is no set age to retire, Kim says planning early is the key to a successful retirement plan. Retirement timeframes depend on a range of factors including your health, work options, finances, and personal situation.

“There are a host of things to consider,” Kim explained. “You might be thinking of minimising tax to the estate, travelling, buying a caravan, gifting to family members, Centrelink, preserving your capital, healthcare, or aged care.

“A financial planner can help you outline any possible risks, strengths, or weaknesses in your plan to retire. Help set your goals, lifestyle priorities, income needs, budget, and time frames, while planning for your retirement.”

MAKE AN APPOINTMENT TO FIND OUT MORE TODAY!

Are you downsizing in retirement, or do you need to access equity from your home or a reverse mortgage. Give us a call at Orange Financial Planning TODAY to review your situation and see how we can help you plan for retirement. Kim Bryant is a Financial Planner with Orange Financial Planning who is Aged Care Accredited and holds a Masters FP, Grad Dip FP, and Assoc FPA. Kim provides peace of mind and ongoing advice to clients on residential care, home care, granny flat rules, and retirement villages.

Tyron Mitchell

Contact us today on (02) 5310 4477 or drop us a line HERE!

See here for more information on Orange Financial Planning services…

WHAT WE DO – RETIREMENT PLANNING                                              

WHAT WE DO – AGED CARE

 

Also check out our blog… NAVIGATING THE AGED CARE LABYRINTH –

YOU DON’T HAVE TO FACE IT ALONE!

 

Mitchell Advice Pty Ltd ABN 44 625 356 872 t/as Orange Financial Planning is a Corporate Authorised Representative of Synchron AFS License No 243313. Unless specifically indicated, the information contained is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek personal advice from a financial adviser.