Time to retire?

It’s important to meet with a financial planner to make informed decisions. Qualified, registered financial advisors are experts in their field and specialize in helping people reach their financial goals. They will gather relevant information from you to help you create a financial plan.

They will be able to guide you to an objective decision that is appropriate for you. Importantly, the advisor will be able to help you get maximum benefit from your savings. The goal for financial advisors is to recommend the best solution based on your own needs.

Here are some topics that you may wish to discuss with your financial advisor:

  • Can I afford to retire now?
  • How much money will I need every month and what is my cost of living?
  • What financial position am I in?
  • What savings do I have?
  • What is my health like?
  • What are the chances that I might live longer than I expect?
  • Will my spouse need a pension income if I pass away?
  • Will I need to leave money for my spouse and dependants?
  • How much tax am I going to pay?
  • Tell me about the different annuities, including the funds default annuities.

You should discuss what your advisor will charge you (and what income the advisor will receive) to provide you with advice. Advisers are able to charge once off, upfront fees when they provide you with the advice and may also charge an ongoing advice fee. You should discuss and negotiate the fees that will be paid to your advisor.

The information in this communication is for information purposes and is not intended to be detailed advice described in the Financial Advisory and Intermediary Services Act. The fund, administrator and trustees cannot be held liable for damage or loss suffered as a result of any action that you take based on the contents of this communication.

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