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DISCOVER how we can help you

LEARN more from our current resources

Make your money work for you

Speak to a specialist   ph: 03­­­ 9848 9811

Monday – Friday 8.30am to 5.30pm (Melbourne time)

Make your money work for you

Speak to a specialist   ph: 03­­­ 9848 9811

Plan your retirement

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?

Planning for retirement can be a daunting prospect, especially if you don’t know if you’re well prepared.

What should you 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?

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 dependents 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.

We can help you at any stage of your life. Whether you’re starting your first job or planning for your retirement, we can provide expert guidance and knowledge.

Get in touch with us today for more information on how we can help you manage your wealth, and to book an appointment with one of our advisers.

Meet our Wealth Management team

Trent Collins

Trent Collins

Practice Principal

Matthew Scholten

Matthew Scholten

Matthew Scholten Executive Chairman & Practice Principal

Christopher Fagan

Christopher Fagan

Executive Director & Practice Principal

Con Gianna

Con Gianna

Practice Principal

Emily Macdonald

Emily Macdonald

Associate Adviser (professional year)

Mitchell Fidas

Mitchell Fidas

Associate Adviser (professional year)

Luke Spiller

Luke Spiller

Senior Financial Adviser

Our story

At SCM, we believe our success is largely due to our people – their expertise, professionalism and their commitment to you – our clients. We build lifelong relationships with our clients that are based on a real understanding of your situation and your goals. We work hard to get to know our clients. We listen, explain and educate.
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Working together to create a strategy that’s right for you

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Working together to create a strategy that’s right for you

DISCLAIMER: It’s important to consider your particular circumstances and read the relevant Product Disclosure Statement or Terms and Conditions before deciding what’s right for you. This information hasn’t taken your circumstances into account. Neither Elect Wealth Management Pty Ltd, an Australian Financial Services Licensee, nor its authorised representatives and Elector Pty Lt atf Scholten Collins McKissock Trust warrant or represent that the information in this site is free from errors or omissions or is suitable for your intended use.