In Retirement
It is important to prepare yourself financially for significant life changing events – especially retirement - and taking control is easier than you think.
You can start by preparing a comprehensive budget – be honest and include everything. It is important to consider both your short-term goals and future needs.
There are some great online budget tools that can help you do this. Check out the MoneySmart budget planner at www.moneysmart.gov.au – a great government website full of financial tips and useful information.
Once you know what you need in retirement, sit down with a Health Super Financial Planner to discuss ways to meet your goals and best structure your retirement income.
A Health Super Financial Planner can help you to get the most out of your super and other assets for the duration of your retirement, maximise any Centrelink entitlements you may be eligible for and assist you to minimise your tax in retirement.
A Checklist to help you take control:
- Gather all your financial information together and make sure you have a budget in place.
- Talk to family and friends – they may be willing to share their experiences and help you think about your own situation
- Book a consultation with HSFP to review your financial situation for a low fixed fee.
- Check out the free seminars we run at which HSFP representatives share advice and information on financial topics.