Tuesday 10 September 2013
ADVERTORIAL
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Achieving your retirement goals WITH DAMIAN MCVILLY, PRINCIPAL, FINANCIAL ADVICE, CROWE HORWATH TORQUAY OFFICE
Women in Business
STRATEGIC advice is important in helping clients achieve their financial goals when they’re transitioning into retirement. Clients need to consider a number of questions like will you have enough superannuation to retire comfortably? Do you have a clear investment strategy that works for you? Do you have adequate insurance in case there is an accident or illness affecting your ability to work? Have you set up a clear estate plan so your assets are passed onto the people you care about?
Crowe Horwath Torquay can off advice on how to best save for your retirement.
Investing to prepare for your retirement Understand what you are investing in and why. Simple portfolios that consist of quality shares both domestic and international, real estate, infrastructure, term deposits and cash are usually adequate in building and maintain your wealth for retirement. You don’t need exotic financial investments that are often expensive to buy and manage and are misunderstood and carry unknown risk. Undoubtedly the biggest question that most people approaching, or in retirement, ask these days is whether they have enough to do the things they want to do and how long their savings will last. If you’re in this position, seek advice from an adviser to assist you in answering those questions.
financial pressures should an unforeseen event take place. Also set up your estate plan in advance. Set up the correct structures and have documentation in place so key people in your family can make the best decisions and make sure your wealth is passed onto your beneficiaries at the right time and the most tax effective way. Aim to leave it to your spouse, your children, your grandchildren, and your extended family or to a charity and not to the Australian Tax Office, your former spouse or to lawyers. My door is open and I hope you will pop in to 16 Gilbert Street for a free consultation to discuss your current and future financial position and how I can help you.
Your First Monthly Event is FREE
Planning ahead – insurance and estate plans Australians are notoriously under insured – a wellstructured personal risk insurance plan, set up in advance of any unfortunate event, will provide peace of mind for you and your family and relieve
*As the contents of this article are of a general nature and therefore do not take into account your circumstances, do not act upon any of the information without first obtaining specific advice from your financial adviser.
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