Based in Brisbane and need help with your retirement planning?
If you want a comfortable and enjoyable retirement, planning ahead is vital. (And trust us – it’s never too early to start!)
The Certified Financial Planners ® from Precision Wealth Management love helping people create wealth and ensure they’re well-equipped for the lifestyle they want when they stop working.
In this blog, we share the recommendations we made to one Brisbane woman which have allowed her to improve her financial position and facilitate a stress-free retirement.
North Brisbane Retirement Planning
This North Brisbane empty-nester in her sixties came to us 4 years ago. She wanted to make sure her assets were best structured to maximise her retirement.
At the time, she was in a fairly good financial position for her age, but not in a position where she was able to retire comfortably.
That’s because she wasn’t making the most of the strategies available to her and investing in a way where she would see maximum returns.
Retirement Planning Recommendations
We made a number of recommendations to this client to help minimise her taxes and maximise her investment returns, and in turn increase her retirement savings.
1. We recommended a better investment allocation by investing cash:
We did that by contributing cash to superannuation as it was the best tax environment for her and a better investment allocation for increased returns.
2. We also commenced a transition to retirement pension:
This provided tax-free pension payments which led to additional cash flow, so she could increase her salary sacrifice.
As a result, she was able to minimise tax on her earnings, tax on her investment, increase her investment returns and had a better overall investment asset allocation.
Retirement Planning Results
Since seeking our guidance, this woman has increased her wealth to the point which she recently retired and has peace of mind she that can comfortably self-fund the retirement lifestyle she desires.
She’s also satisfied that her money is being appropriately invested and managed.
This is what she said about working with Precision Wealth Management:
“Glenn treats you as an individual, not a number, listens to what you want to achieve and your concerns. Glenn is knowledgeable and gives honest advice in practical terms. 5 stars.”
Retirement Planning Brisbane
Time to start retirement planning?
Precision Wealth Management is a local, privately-owned financial planning firm based on Brisbane’s northside.
Our certified advisors work with each individual client to determine the best wealth creation strategy based on their unique situation.
We strive to stay at the forefront of the industry, and our investment approach is based on decades of research.
Financial Planner Brisbane
Our services include Superannuation Advice And Planning, personal Insurance Advice, Budgeting And Cashflow Management, Investment Strategy And Advice, Aged Care Financial Advice, Retirement Planning Advice, and Debt Reduction Financial Planning.
At Precision Wealth Management, we offer flat fee pricing which is determined on the complexity of the work – not the value of your investments.