07 5492 0350
Retirement Financial Advisor
Helping you to create a better
financial future successfully.
Our Retirement Financial Advisor is ready and willing to help make sure that you have everything set up correctly before embarking on this exciting new chapter.
Ready to learn more about your retirement options?
Connect with Compass Financial Solutions to arrange a no-obligation consultation.
You’re not sure how to plan for retirement, do you invest in shares, property, term deposits, cryptocurrency or something else? Maybe you have tried doing it yourself but struggled with how everything that you needed to know. Imagine having a retirement financial advisor who is dedicated to helping you make the right decisions about your finances in retirement.
With Compass Financial Solutions, our Retirement Financial Advisor will work with you one-on-one from the beginning to help you create a personalised strategy to understand your options and make smart decisions that fit into your lifestyle today while still providing security in the future.
Financial planning for retirement is an important part of ensuring that you can live life to the fullest after your working years are over. No matter what stage of life you’re in, getting a clear idea around how much you will need in retirement, where you are at and creating a plan on how you are going to reach your goals will give you peace of mind when it comes time to retirement.
So, when’s the best time to plan?
Retirement is no longer something you think about in your later years. With life expectancy increasing, it’s a good idea to start planning for retirement sooner rather than later–especially if you want to live comfortably during those golden years.
To ensure financial stability when the time comes, consider talking with someone close who understands what’s important and plans accordingly; securing professional advice from a dedicated retirement financial advisor can also offer insight into how much money you’ll need. Taking these steps early on not only will they help ease any anxiety but give you peace of mind knowing that all bases are covered come retirement age.
How much will I need to Retire?
Retirement planning in Australia can be daunting, but with careful consideration of your lifestyle and financial needs, it doesn’t have to be complicated. The amount of money you will need to retire in Australia will vary depending on your lifestyle and financial goals. A general guideline is that you will need to have enough savings to cover living expenses for at least 20-25 years in retirement.
The Association of Superannuation Funds of Australia (ASFA) recommends that an individual should aim to have retirement savings of at least $545,000 for a comfortable retirement, assuming a single person. This estimate is based on the assumption that you will spend around 80% of your pre-retirement income during retirement.
However, you may need more or less depending on your personal situation and goals. Factors to consider include your desired lifestyle, healthcare costs, and whether you plan to leave an inheritance. It’s a good idea to consult a financial advisor to help you create a retirement plan tailored to your specific needs.
How should you understand timing and your outlook?
Rarely do people decide to retire overnight. It’s frequently a gradual process that calls for consideration of your financial requirements, whether you want to completely stop working or just reduce your hours, whether you are emotionally prepared to lose the security of an office and routine, how long it will take you to save that nest egg, and other factors.
As you plan for your retirement, it’s important to consider how you’d like to spend your time. Would frequent travel be a dream come true? Maybe winding down with some golf and gardening is more up your alley. Or perhaps taking the grandchildren out every now and then would make life complete. You’ll also have financial considerations such as health care costs or maybe even education expenses for grandchildren that may factor into these plans. Finally, think about if downsizing might benefit your lifestyle.
Ready to reach your full potential? With the right planning, you can create a future for yourself with unlimited possibilities.
How to Kickstart Financial Planning for Retirement?
Congratulations on having a clear vision of your retirement lifestyle goals! Now you need to evaluate and plan your finances accordingly.
This involves taking an in-depth look at various factors, such as creating a budget that meets both present and future needs, establishing sufficient savings for health care expenses, researching Social Security options available to you once retired – the list goes on.
What Our Clients Say About Us
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You have this year given us a lot of help ( So far Gratus) and made us look at things we didnt really want to think about- like where to next and how do we set ourselves up for the future.Very importantly you have put Sandra who didnt know you at all, at ease very quickly . Your calm ,experience and professionalism shows through, and we feel we are in good hands.
Although the plan is implemented we haven't yet sold the rental house but it is on the market. Once that is sold as discussed we will make a time to meet you in the new year, to get you to roll out a blue print for us to follow over the next few years ( a payday for you at last).
Thanks again
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During the period that I have been dealing with Graham and the team at Compass Financial Solutions I have found that all of my meetings have been made easy by there friendly personalities. Everyone is polite and professional, and always willing to provide answers to questions, no matter how complicated or minor the matter might seem
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Compass Financial Solutions provided all the information we needed to make an informed decision to protect our family. I am confident that we have obtained the best advice for our needs
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My dealings with Graham MacIntyre and his various assistance over the last 8 years since I was widowed have been extremely beneficial and professional but with a feeling of ‘I’m talking to a friend.
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My financial advisor is very approachable at all times. He gives me confidence. He explains financial matters in a way which I can understand.
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We were introduced to Kelly over 15 years ago, when my Wife Judy and I were starting to plan the next phase of our retired / fixed income lifestyle. We were immediately impressed with her astute understanding of what we wanted and would need in the future.
The result being very well-considered Financial Planning that has progressively served us very well. Throughout, Kelly has proven to be highly capable in this demanding area. Has always been available for consultation. And has provided comprehensive advice and guidance in a crucial planning period of our lives.
Her sound judgement has enabled us to incorporate any changes, and cope with any challenges we have encountered from time to time relative to our expenditure and budgeting.
In summary, Kelly’s professional approach and ability are, in our experience, of the highest level.
Why Choose Compass Financial Solutions as your retirement financial advisor?
The team at Compass Financial Solutions can provide advice tailored specifically to your needs so that you can enjoy and have peace of mind when you retire.
Financial planning for retirement is invaluable. This will give you an idea of when you can afford to retire and how long your money will last throughout retirement.
The team’s expert advice can help make your dreams for the future a reality, whether they include traveling the world, winding down to retirement, securing your family’s financial future, or living a rich life.
Let’s find out more and make this happen with our experts’ financial advice.
Don't wait any longer, get in touch today and start on the path to financial success.
Our Contact Details
Business Hours
Office Location
Office Address:
6 Otranto Ave, Caloundra QLD 4551
Mailing Address:
PO Box 231, Caloundra QLD 4551