Pre-Retirees (age 50-65)

You are: Kids are out of the nest, with the mortgage under control. You are thinking about the big picture and the run-into retiring.

Typical Concerns and Risks:

• When can I afford to retire, and will my retirement be forced or on my terms
• Repaying the rest of your debts
• Moving to downsize house to a more suitable home
• Minimising tax now that salaries are their highest. Reducing CGT
• Am I using surplus cash flows efficiently
• Is my super and investments set up in the best manner and giving me adequate returns
• Will my partner be financially ok if I suffered a disability, illness or died? This is the time you are most likely to have one of these occur
• Is my estate planning set up correctly?

Areas to Advise you in:

• Tax minimisation and salary packaging
• Super contributions
• Wealth Creation and Retirement planning
• Personal insurances (Life, TPD, Trauma and Income Protection). Will your family be ok if something unplanned happened to you?
• Reallocating assets as defensive assets become more important
• Investing, both outside and inside super, including Self-Managed Super Funds (SMSF)
• Cash Flow management
• Extinguishing debts
• Helping out the kids (financial and baby sitting)