As retirement nears and you begin thinking about the retirement lifestyle you would like, your super comes more into focus. Depending on when you plan to retire – at age 50, 55 or 60 – you may start thinking about putting extra money into super, particularly ethical super, maximising your investments, balancing risk and return, and looking at your wealth protection needs. And as you think about winding down from the workforce, Novo Wealth will work with you to reduce the risk your super investments may be exposed to and protect the wealth you’ve worked hard to build.
For many, easing into part-time work and taking advantage of the government’s transition-to-retirement rules is the natural way to move into the next stage of life. Whatever your plans, maximising your retirement savings is essential – and the way you structure your finances can have a direct impact on how much you end up with down the track.
Novo Wealth can provide retirement planning advice, help you work out the most effective way to maximise your years in the workforce, and draw an income from your super in retirement.