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Speak to a specialist ph: 03 9848 9811
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Want assistance?
Speak to a specialist ph: 03 9848 9811
Retirement should be a time to enjoy the company of family and friends as well as the pursuit of our favourite hobbies unimpeded by distractions such as work.
However, without good planning it can be hard to tell whether you will have enough super and savings to retire and how to make the most of that income.
When is the right time to retire? Have you developed the best plan to ensure you have a comfortable amount of savings in place?
What should I consider?
To retire, you need to have a good understanding of your likely retirement needs.
Do you understand what you would like to be doing? This could range from international travel to being more involved in community or volunteer work.
A sound retirement plan will take your individual priorities into account.

Financial position
It’s important to consider your financial position upon retirement. For example, do you plan to be debt-free with only the everyday expenses to cover? Would you consider leveraging your home equity by downsizing your home?
Financial position
It’s important to consider your financial position upon retirement. For example, do you plan to be debt-free with only the everyday expenses to cover? Would you consider leveraging your home equity by downsizing your home?
Medical expenses
Are you prepared for the possible increase in medical expenses? As you age you may face increased medical costs. You may be eligible for a range of benefits that can help offset the costs of health care, including the age pension, pensioner concession card, seniors health card, or carer’s allowance.

Medical expenses
Are you prepared for the possible increase in medical expenses? As you age you may face increased medical costs. You may be eligible for a range of benefits that can help offset the costs of health care, including the age pension, pensioner concession card, seniors health card, or carer’s allowance.

Family
With improved life expectancies and children staying home longer, you may find yourself financially committed well into your retirement years. And even if that’s not the case, you might want to consider what kind of a legacy you want to leave behind once you’re gone; will you have enough to give your dependants once everyday costs are covered?
Family
With improved life expectancies and children staying home longer, you may find yourself financially committed well into your retirement years. And even if that’s not the case, you might want to consider what kind of a legacy you want to leave behind once you’re gone; will you have enough to give your dependants once everyday costs are covered?
Only once you know how your retirement life will be shaped can you begin to get an idea of the income you’ll need. You may have enough in your super and savings account, or you may need to augment your savings with some financial assistance from the age pension scheme.
Whatever the case, it’s important you begin planning early. The sooner you start developing a retirement plan, the better protected and supported you will be.

How SCM can help
Here at Scholten Collins McKissock, we understand the concerns you might have about your retirement planning. We can help in a number of ways, including:
- Identifying your main retirement goals
- Organising your investments and assets
- Structuring your assets so you have the best outcomes when entering retirement
- Establishing an appropriate estate plan for you and your family
We’re the business you can trust to assist you in achieving financial security and consolidating your wealth in your retirement. Organise an initial appointment with one of our financial advisers today.
Do you want to discover more about our range of products and services? YES
How SCM can help
Here at Scholten Collins McKissock, we understand the concerns you might have about your retirement planning. We can help in a number of ways, including:
- Identifying your main retirement goals
- Organising your investments and assets
- Structuring your assets so you have the best outcomes when entering retirement
- Establishing an appropriate estate plan for you and your family
We’re the business you can trust to assist you in achieving financial security and consolidating your wealth in your retirement. Organise an initial appointment with one of our financial advisers today.
Do you want to discover more about our range of products and services? YES
Working together to create a financial strategy that’s right for you
Working together to create a financial strategy that’s right for you
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