Pre & Post Retirement
We will guide you through a process designed to help you achieve your financial and lifestyle goals
Planning for retirement is one of life’s most important financial considerations. At Page Financial Services our goal is to help you decide on the most appropriate strategies to make your plans for retirement become a reality. After all, the actions you take today will determine how comfortable life will be in the future.
As retirement gets closer, we tend to consider our futures more and more. Usually the earlier you start planning for retirement the better the outcomes will be which is what pre-retirement planning is all about. Setting goals and looking at how you are travelling and ways to improve the outcomes can make a huge difference to your lifestyle in retirement.
There are many options to consider when planning for retirement:
- What sort of lifestyle are you planning for?
- Will you be a self-funded retiree or partially self-funded?
- How you wish to invest throughout retirement?
- What lump sum expenses will you have?
- Will your family need some assistance from you?
- Have you considered how to fund aged care when/if it is eventually needed?
- Have you considered the estate you wish to leave your beneficiaries?
Although we’re unable to predict the future, understanding what retirement looks like and planning for expected income and expenditure will help to ensure a successful retirement regardless of what curve balls life throws at you.
By examining your current situation we are able to explore ways to improve your retirement plans and compare how making strategic changes to your plans may improve your outcomes allowing you to retire earlier, and/or improve your lifestyle in retirement.
Once you have retired your focus tends to move towards enjoying financial freedom and the lifestyle you have worked so hard to create. To truly enjoy financial freedom, most people don’t want the worries that often come with managing wealth. Knowing your money is invested wisely and being managed by someone you trust is critical. Our role in post-retirement planning is to manage, administer and review your financial arrangements so you have the peace of mind to enjoy life and the things that are most important to you.
Regardless of whether you are planning for retirement or if you have retired already it is important to monitor the strategies and investments you have employed on a regular basis. This is a critical step in our process as it ensures your plans remain appropriate and on track. The plans we recommend for you today may require refining or reviewing to keep up with changes in your world, changes to legislative, or even market conditions to continue to achieve good long-term outcomes. Your financial plan is not just a static document. It is an evolving plan for the future.
"Gimli was my elderly mother’s financial adviser for a number of years. During this time he met with my sister and I along with our husbands, managing our Mum’s investment portfolio most successfully. We all valued his advice and recommendations, they worked well and Mum’s portfolio performed nicely, steadily increasing in value over that time. More importantly, Gimli made sure Mum’s everyday care needs were covered financially, as she moved through various levels of aged care. We needn’t have worried about her financial situation, Gimli responded quickly to every specific need or request and kept us fully involved with every step.
But it was his friendly, open and honest approach and his sense of humour which the four of us liked most. Gimli came well prepared to all our review meetings. He treated us with an easy-going respect and it was obvious he’d researched options and strategies thoroughly, being very clear with recommendations and giving solid reasons and explanations for them all.
When it came time for our own SMSF to be managed, my late husband and I decided Gimli was the person we would most trust. We couldn’t have made a better choice. Having lost my husband in 2019 as well as my Mum, I cannot speak well enough of Gimli’s ongoing help throughout such a tough time. There have been a number of (what were for me) tough investment choices to be faced over this period, made worse with the fall in share markets due to COVID-19. Throughout, Gimli has been rock-solid with his guidance, advice and reassurance. I could not have got through it without his knowledge, patience and level-headed, helpful manner. Many thanks Gimli, I am very glad and very appreciative of all your help over the years."
- Jennifer D (65)