Spend It

The real value you get from retirement planning with an independent financial adviser is your peace of mind. You will have the peace of mind that the advice you have been given is conflict free. You will also have the peace of mind that the advice is in your best interest.

Retirement planning means different things to different people. Alot of people tend to see retirement as heading towards the end, but in reality it is just the beginning. In actual fact, Australia has the third highest life expectancy in the world. This means that if you retire at 60, on average you can expect to live for a further 25+ years.

For us, retirement planning usually involves three things.

• The first is sitting down with you and working out how much income you will need in retirement. It is important to make sure you factor in not just your everyday living expenses but also travel, spending more time with family and increasing healthcare costs.
• The second is helping come up with an investment strategy to will help give you the income you need. The mistake most people make is move to a more conservative investment strategy. While this will reduce your exposure to falling share or property markets, it will increase the risk of your assets decreasing real value through inflation risk.
• The third and most important aspect of our work is to make sure you have a simple plan that doesn’t require much effort on your behalf. This is where we see our greatest value, as we help you set yourself up so you are free to do the things that are more important than looking after your money.

To discuss how you could benefit from doing your retirement planning with an independent financial adviser, contact Phil Harvey on 0417034252 or email at office@contructwealth.com.au.