Clients ‘Preparing to Retire’ will typically be 5-10 years away from when they plan to stop work or scale back their work commitments. They are looking for advice and guidance in relation to their investments, superannuation, life insurance, saving and retirement planning. They will wish to make sure that their assets are structured correctly (from a tax structure and estate planning perspective) as they transition into retirement.
Clients consistently tell us that they want advice and guidance in regard to:
Property – Should we look at down-sizing the family home? Should we keep the Investment property?
Lifestyle – budgeting, saving, help in setting retirement goals, funding family expenses / holidays. Setting a budget as you head into retirement.
Protecting your Income/Salary Lifestyle as you approach retirement– do we use a Transition to Retirement strategy?
Arranging your Super and managing the conversion to a retirement income
“Build your Wealth, Protect your Wealth , Enjoy your Wealth”
We Understand the Importance of having ‘Structure and Discipline’
While we know different people have different requirements, we also know that having a disciplined, structured and monitored approach to managing your financial affairs pays big dividends.
Having a plan, setting guidelines and being accountable is what helps to achieve long term goals.
We implement a step-by-step approach to providing financial advice and in developing your wealth management plan.
Understanding You and Your Goals
We spend considerable time understanding ‘what is important to you’ and gathering necessary information about you – your current circumstances, family, business, work, finances, assets and liabilities, your retirement aspirations.
Assessment and Recommendations
We identify the issues that relate to you and document your goals – short term, medium term and long term. Issues are prioritised, then we investigate solutions, develop plan/s and produce a strategy- a full ‘financial plan’.
We provide a concise outline of your issues (determined from our initial meetings) and present advice covering issues such as asset management, portfolio construction, asset protection, growth and distribution. Typically this advice will be a combination of our input and recommendations together with advice from other professionals such as your accountant and solicitor.
The advice provides a solid core of your strategy for the future. You receive detailed projections (cash flow and asset projections) to help you make informed ‘trade-offs’ on decisions which affect your ability to achieve your goals.
Peace of mind is all about having the confidence that you are on track to achieving your lifestyle goals.
We arrange for recommendations to be implemented. This involves co-ordinating the services of necessary professionals (as agreed by you). This is where we also commit to an agreed action plan and articulate to you an agreed level of on-going service.
Ongoing Monitoring and Review
We revisit your plan on an annual basis (or more regularly where required) in a formal review. We talk about new goals or revised goals and discuss your portfolio. We discuss our proposed revisions to your strategy and agree and document future action plans. Of course while we regularly monitor and provide advice regarding the composition of your portfolio – no changes will be made without prior discussion with you and your written approval to any proposed portfolio modifications.
What some of our clients say about us
- ‘My experience with Lifetime began 5 years ago when I transitioned employers and sought Tony’s assistance to generate a transition plan for my retirement. Tony’s wealth of experience in retirement planning is a valuable asset. Tony has since established my retirement plan and meticulously managed my plan year-on-year to ensure my retirement portfolio is maximised. My respect and confidence in Tony is enormous as he continues to manage my retirement plan which is currently exceeding my expectation.’
- ‘The team at Lifetime have provided outstanding service and advice since engaging them over 4 years ago. Tony facilitated a seamless transition of my Superannuation during a change to my employment in 2011, and has since provided sound advice and recommendations for the ongoing management of my superannuation portfolio, leading to some significant growth. In addition, Tony has helped me with financial planning and strategies to achieve my financial goals for the remainder of my career and to set myself up for a comfortable and secure retirement. It’s clear through the results produced that Tony and the team have in-depth and up to date knowledge and understanding of local and international markets. I value highly and trust in the service that Lifetime provides me.’