Retirement Planning Archives | Accounting and Financial Planning Gold Coast

Financial Planning, Retirement Planning

Closing the retirement advice gap

The number of retired Australians is set to surge, and so will demand for retirement advice. Regardless of where you are on life’s journey, good advice is always valuable. Whether it’s buying your first car, your first house or preparing for retirement – getting advice can help validate your plans or steer you around pitfalls […]

Financial Planning, Retirement Planning

Three Behavioural Factors that can affect Retirement Spending

Most Australians work hard to build up their nest egg but many are hesitant to spend it when they retire. You’ve worked hard to build your retirement nest egg and now the time has come or is approaching for you to begin the “decumulation phase”—taking withdrawals in retirement to live off your accumulated assets. This […]

Financial Planning, Retirement Planning

What is your aged care funding strategy?

We’re an ageing population; the media keeps reminding us, as does the government, but are we prepared for what this means? As a society? As individuals? One thing’s for sure – it’s something we cannot ignore. According to the Australian Bureau of Statistics, in 2021 around 4.3 million Australians were aged 65 and over. Consider […]

Retirement Planning

What is the Home Equity Access Scheme?

Approximately 1.8 million Australian homeowners receive some level of age pension, with around 700,000 on a part pension. What many of these part-age pensioners may not know is that, along with recipients of the disability support pension, carer payment and some other Centrelink payments, they are able to access some of the equity in their […]

Retirement Planning

What You Need to Know About Transition To Retirement Strategy

As you near your retirement period, your mind may already be filled with what you should do once the day comes. And it can make you feel pressured. The good news? You don’t have to retire in one go; you can ease into it gradually through a Transition To Retirement (TTR) strategy. How? Open a […]

Financial Planning, Retirement Planning

4 Effective Ways to Maximise Your Age Pension for Retirement

Retirement is an important goal for many people but financial security in retirement can be a worry. This is where the age pension can help Australian retirees to fund their golden years. Two million seniors rely on the Age Pension for retirement income, according to the Australian Institute of Health and Welfare. The pension […]