YOUR FINANCIAL JOURNEY

Funding Your Retirement.

FUNDING YOUR RETIREMENT

Dreaming of an Early Retirement?

Wondering when you can comfortably retire? Are you on track to fund the retirement lifestyle you’ve always planned? At Locumsgroup, we are here to help you turn those dreams into a well-planned reality.

Your Retirement Plan, Simplified

All your hard work and career success should lead to a future where you can enjoy life without financial stress. Whether it’s traveling, staying active, or simply enjoying peace of mind, we will work with you to ensure your retirement is something to look forward to.

Key Considerations for Your Retirement

Assess Your Financial Future:

With your current assets and ongoing employee super contributions, what will your financial situation look like if you work until age 60 or beyond? What kind of monthly income from investments and if applicable what pension can you expect?

Benchmark Your Retirement Income:

Your Income Producing Asset Pool (“IPAP”) will generate a level of income and our task is to match your IPAP with your investment income requirements.  By example $2,000,000 @ 5.00% will generate $100,000 per year and you may consider if that meets your retirement objectives or do you need more?

Addressing Funding Gaps:

If there’s a shortfall, how can you bridge it? Should you increase your superannuation contributions? What’s the best way to use your surplus income?

Impact of Extra Savings:

How will additional savings over the next 8-10 years impact your retirement capital?

Supplementing Your Income:

What if you decide to work between age 60 and 65? How would that affect your finances?

How Locumsgroup Can Help

We can assist you in preparing for this significant transition by:

Understanding Your Financial Position:

Know where you will be financially by age 60, 65 or later if you maintain your current strategy.

Determining Necessary Savings:

Learn how much extra you need to save monthly to meet your retirement goals.

Tax-Efficient Strategies:

Develop a savings strategy that minimises your tax burden.

Building Confidence:

Gain certainty and confidence in your ability to secure a well-funded retirement.

Financial Projections:

Receive detailed projections to understand the financial outcomes of different decisions, such as increasing savings or choosing to retire at 60 versus 65.

Planning Your Ideal Retirement

You don’t just retire from your job; you retire to a new chapter of your life. Here are some
questions you might be considering:

Our Commitment to You

At Locumsgroup, we provide expert advice on the steps to prepare for an early retirement. We will:

Gain Clarity and Confidence

We ensure you have a clear understanding of:

Are you ready to start planning for the transition to the next stage of your life, whenever that should occur.  Are you clear in your objectives for your dream retirement?  

Contact Locumsgroup today to get started on your journey to a financially secure and fulfilling retirement.

Disclaimer: General advice only