Retirement Planning
Based in Cairns and serving clients across Far North Queensland and Australia-wide, Smart Wealth Financial Solutions provides retirement planning advice and hands-on help putting your plan in place, for a comfortable, well-funded retirement. We work with you to structure your superannuation, pension income and Centrelink entitlements so your money lasts as long as you do. Whether retirement is five years away or fifteen, the right plan starts with a conversation.
Free First Consultation
Certified Financial Planner
Cairns Owned and Operated
Retirement Planning Advice
Meet in Person, Phone or Online
Over 25 Years Experience
Call 0488 411 280
or send your enquiry now
What Is Retirement Planning?
This is the process leading up to retirement where we look at maximising your contributions using a number of different strategies and establish how much capital and income you will require for your retirement. We usually find this involves adjusting your superannuation investments according to your retirement needs. We will guide you through the process of allocated pensions in superannuation, defined benefits, aged care pensions, and annuities where appropriate for your needs.
Good retirement planning is both tax efficient and investment effective. It’s never too early to start planning for retirement. It is important to ensure your retirement income is structured to suit your needs and objectives.
The Three Main Sources of Income in Retirement
01
Superannuation
Pension income stream and/or lump sum withdrawals.
02
Non-superannuation Assets
Returns from shares, property, cash and fixed interest.
03
Centrelink
Age pension benefits.
We can help you to structure your retirement income stream to best meet your financial needs.
Did You Know?
Superannuation does not come under the direction of your will. Without sufficient planning, the trustee of your superannuation fund has discretion as to the treatment of any death benefits from your super.
A binding death nomination can ensure your wishes are fulfilled in the payment of benefits to your preferred beneficiaries.
Retirement Planning and Superannuation
From a tax perspective, superannuation is generally the best investment vehicle for retirement funds.
Retirement and Estate Planning
Retirement planning and estate planning for couples are interlinked because it is rare that both members of a couple to die at the same time. As such, retirement funds are most often passed from the deceased to their surviving spouse.
We specialise in maximising the amount of your superannuation that passes to your spouse and family upon your death.
From an estate planning perspective, the way in which a superannuation member’s death benefit is paid needs to be carefully considered. Typically the most important considerations are control and tax. Retaining superannuation death benefits inside super generally produces the most tax favourable outcome.
How We Can Help You
Retirement planning advice is only half the job. The other half is putting your plan in place. We do both.
It starts with understanding where you stand today, your super, your broader asset position and your entitlements. From there, we model your retirement income so you know what you can comfortably draw and how long it will last, then recommend the right structure for you across superannuation, pension income and Centrelink.
Once your plan is set, we handle the implementation. Setting up pension accounts and income streams, managing the paperwork, rollovers and applications, and reviewing your plan as your circumstances and the rules change. You leave with it done, not with homework.
Whether retirement is years away or already here, you’ll know where you stand and what happens next.
Serving Cairns and Far North Queensland
Smart Wealth Financial Solutions is based at the Boland Centre in Cairns and works with clients across the region, from Mareeba and the Atherton Tablelands to Innisfail, Port Douglas and Mossman.
Meet with Chris in person in Cairns, or by phone or video from wherever you are. Many of our clients are further afield across Queensland and Australia-wide and online appointments work just as well as a seat in the office.
Wherever you’re planning your retirement from, the advice is the same. Local, personal and built around you.
Meet Chris, the Principal Certified Financial Adviser of Smart Wealth Financial Solutions
With more than 25 years’ experience in personal finance, Chris helps individuals and families build clear, confident plans for retirement, investment and wealth protection. He holds CFP® certification and believes good advice should be spoken plainly and built to last.
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Take the first step towards a more confident financial future.
No obligation. Just practical advice.