Plan for a bright future

27/11/2018 Posted by admin

ADVICE: Sharlene Norris is a Financial Planner with Stateplus, one of Australia’s leading providers of financial planning.

There’s been a great deal of talk in recent years about how much is enough for a comfortable retirement. It’s a long held view that financial planning is for the wealthy and only those with considerable assets can truly plan for an enjoyable retirement.

Sharlene Norris is a Financial Planner with StatePlus and suggests that securing financial comfort for our later years is available to everyone.

“Financial planning is appropriate for all people, irrelevant ofincome or assets. If a client can get their finances in order, wealth can be created over time,”

She suggests that a “little and often’ approach isthe best way to begin to plan for the future, advising that the earlier you start, the better.

“Generally I would encourage clients to seriously plan for retirement about 5 yrs out from their planned retirement date, however I would encourage people of all ages to start to consider saving for retirement much earlier,” she adds.

So if regular savings can set you on your way, why see a financial planner?

“Seeking advice from a professional means individuals can gain a deeper understanding of their financial and personal goals and how to achieve them, whilst becoming aware of opportunities to take advantage of now.

“ Issues such as how they want to spend their time in retirement, if they want to remain in their home, downsize, or make a tree change, form part of the discussion and the Financial Plan can then provide specific strategies to help meet the individuals goals or help provide alternative options.”

Norris says a reputable firm can be sourced via the Financial Planning Association website and check if a firm has a strong group of Certified Financial Planner practitioners on board. The key, she says is to take action,

“Generally the average Australian leaves the decision to start planning for retirement too late or is under the misconception that mandated superannuation contributions from their employer will provide them sufficient resources for retirement.

“Seeking advice can help them understand their current position and the possibilities or options that may put them in a better financial position could help provide a better quality of life in the future.”

“The average comfortable lifestyle requires an income of approximately $60,000 per annum. With life expectancies continuing to increase, individuals are having to ensure they have adequate resources at retirement or face the dilemma of working longer than anticipated or accepting a lower standard of living.”

Stateplus is a Newcastle based firm that provides advice for everyday Australians to reach their retirement goals. For a free of charge initial consultation contact: 4016 2203 or visit www.stateplus出售老域名.au

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