As retirement nears and you begin thinking about the retirement lifestyle you would like, your super comes more into focus. Depending on when you plan to retire – at age 50, 55 or 60 – you may start thinking about putting extra money into super, maximising your investments, balancing risk and return, and looking at your wealth protection needs.
The right financial advice in the early stages of aged care considerations can potentially make a big difference to a person’s Centrelink income and aged care costs. It’s a complex area and people often feel lost in the mire of varying information and rules. Ideally the earlier we can start advising the better the end outcome, particularly prior to the sale of property.
Estate planning is a specialised area that can involve many financial complexities. While no one intentionally leaves behind complications for their loved ones, countless families are burdened with the difficulties of an out-of-date will. You can make sure it’s easy for your loved ones to receive what you leave behind.
