Secure retirement for life
Creating secure income for life
What a wonderful life ahead of us. We live longer. We stay active until a much later stage in life, we have good diet supplemented with healthy vitamins. Medicine is progressing and advancing which in turn keeps us living even longer. This is a great news for all of us. However, the problem is that our money might not be able to keep up with our lifestyle and our longevity.
So, how can you organise your money to last you for as long as you are alive? How can you make sure that you will not run out of money?
Review your Investment Portfolio
Diversity of your investments is most likely one of the most important aspects of investing. It not only minimises the level of market volatility on the overall performance of your portfolio, but at the same time can prolong the longevity of your savings, to provide you with retirement income for longer.
This is the first step we take in the process of creating your secure retirement income for life.
Review types of income streams you have
Next we check how your existing income has been set up. Different income streams and income sources will produce different outcomes in the same market conditions. Some will provide growth, some income only, some mixture of both. You could even introduce income stream that is actually guaranteed for life. So by doing analysis of your income needs and available sources, we can create a perfect mix to provide your income security for life.
Review your Age Pension entitlement
While reviewing the above, we also check your Age Pension entitlement. This is one of the best ways of increasing your overall income. Any income you receive from Centrelink can reduce the level of income you draw from your own savings, hence prolonging life of your own money. Restructuring your income streams could also improve your Age Pension entitlement. Also, remember that your Age Pension entitlement may change as you go, hence your position needs to be checked ongoingly.
Your journey to financial freedom & safe retirement starts here
A short two-hour conversation and sometimes few changes in what you are doing already with your money, can be a difference between a comfortable retirement or struggling to survive. My goal is to show you the options. The choice is yours.
“your body can stand anything,
it is your mind you have to convince”