Retirement can be a financially challenging stage in your life, and because many Western Australians have watched their loved ones suffer from lack of funds, they’re beginning to stress about how to plan for their own retirement.
The truth is, it’s not hard to put a plan in place and start saving right away. But you need to act now, otherwise you’ll have to work to the grave or live on bread and water!
After all, the amount of super you have at retirement will determine what kind of lifestyle you will be able to afford.
Your superannuation is a long-term investment
At Chaston Financial Solutions, we can answer all your superannuation questions. We can help you put together a solid retirement plan.
We’ll ask you some questions, such as:
- how much income would support your retirement lifestyle?
- what do you plan to do in retirement?
- when do you plan to retire?
- where are you going to be living?
- what are your plans for you and your partner?
- what’s your backup plan?
- which super fund are you with and what do they offer?
Then we’ll give you all the information so you can make informed decisions about your future.
We’ll let you know:
- whether your superannuation fund stacks up
- how your superannuation investment is performing
- whether your retirement plan sounds realistic
- how much you’ll need in super savings
- how long your super savings will last
- which superannuation fund is best for you
- the facts about self-managed super funds
- the benefits of any add-ons, such as life insurance.
And much, much more.
Start your superannuation and retirement
You’d be surprised at how late some people start to plan for their retirement and how much they can still do at their age. Don’t let your age fool you.
Even if you’re not working you can make super contributions. So if you’re between jobs, at university, at home raising the family or are self-employed, you can definitely continue to pay your super.
But yes, it’s all possible. All you need to do is have a chat with a financial planner who knows all about superannuation and retirement planning.
Setting up your superannuation and retirement plan is easy
Chaston Financial Solutions will get to know your current super savings to see whether they’re being invested in the right fund. We’ve often found that people choose to go with the super their employers are promoting without researching better alternatives.
It’s also critical that we track down any lost super to avoid leaving unclaimed retirement savings floating about, especially if you tend to change jobs frequently. Don’t let money slip out of your nest egg!
Next, we’ll tidy up all your accounts to make sure you’re not doubling up. We’ll look at consolidating your super savings into a single account to reduce fees and make life easier.
We’ll also walk you through the most important step – investing your super for growth.
Additionally, we’ll confirm the beneficiaries – who would you like to inherit your super?
As you approach retirement, we’ll work together to review your plans and put some customised strategies in place.
Ready to start planning your retirement?