Plan for retirement with advice on superannuation, investments, contributions and retirement income. We help you build your financial position before retirement and plan how your assets may support you when you stop working.
Retirement planning is about more than choosing a retirement date. It involves building the assets that may support your future lifestyle, making appropriate use of superannuation and investments, and planning how those assets can provide income when you retire.
At Private Capital Management, we consider both the years leading up to retirement and the transition into retirement income. This can include reviewing your superannuation structure, contribution strategy, investments, expected retirement spending and other assets you may hold.
As retirement approaches, the focus can shift from accumulating wealth to determining how your assets may provide sustainable income, how superannuation benefits can be accessed and whether government benefits may form part of your position.
Retirement planning forms part of our broader Wealth Management service, bringing together superannuation, investments, retirement income and your wider financial position.
Your retirement strategy should also be reviewed over time as your circumstances, legislation and financial position change. This forms part of our ongoing Wealth Management relationship.
Review the assets available to support retirement and consider how superannuation, investments and other savings can contribute to your longer term objectives.
Consider employer contributions, salary sacrifice and personal contributions, including concessional and non concessional contributions where appropriate and subject to the applicable rules and limits.
Review your existing superannuation arrangements, investment options, fees and structure to determine whether they remain appropriate for your circumstances.
Align the investment strategy for your superannuation and other investments with your goals, timeframe, liquidity needs and attitude to investment risk.
Plan for the period approaching retirement, including when superannuation may become accessible and whether a transition to retirement strategy is appropriate.
Consider how superannuation pensions, investments, cash and other assets may work together to provide income through retirement.
Where relevant, consider potential Age Pension and other government entitlements as part of the broader retirement strategy.
Review your strategy as retirement approaches and after retirement as your spending needs, assets, legislation and circumstances change.
The right superannuation arrangement depends on your circumstances. We can review your existing fund and consider whether its investments, costs, features and structure remain appropriate before recommending any change.
We can review an existing industry super fund and its investment options, fees, insurance and suitability within your broader retirement strategy.
Retail super funds can provide a range of investment and administration options. We assess the features and costs that are relevant to your circumstances rather than selecting a fund based on brand alone.
Platforms can provide access to a broader investment menu, portfolio administration and consolidated reporting. Whether a platform is appropriate depends on the services required, investment strategy and overall cost.
An SMSF can provide greater control and flexibility but also brings additional responsibilities, administration and costs. We assess whether an SMSF is appropriate before recommending one.
During your working years, retirement planning generally focuses on building your superannuation and other investments while maintaining an appropriate investment strategy.
As retirement approaches, additional decisions arise. These can include when you may access superannuation, whether to commence an income stream, how much income you expect to need and how other investments and cash reserves fit alongside superannuation.
The transition does not need to happen all at once. The appropriate approach depends on your age, employment position, superannuation rules, financial circumstances and retirement objectives. We plan these decisions in advance and review them as your circumstances change.
Access to superannuation depends on your age and whether you satisfy a condition of release. For people born after 30 June 1964, preservation age is 60. Other rules can apply, including access from age 65 and transition to retirement arrangements. We consider the rules that apply to your circumstances before recommending how or when superannuation benefits should be accessed.
Accumulation phase is generally the period in which contributions are being made and your superannuation is invested for retirement. Retirement phase generally begins when eligible superannuation benefits are used to commence a retirement income stream. Different tax and superannuation rules can apply, so the timing and structure should be considered as part of your retirement strategy.
Concessional contributions generally include employer contributions, salary sacrifice contributions and eligible personal contributions for which a tax deduction is claimed. Non concessional contributions are generally made from after tax money. Contribution caps, eligibility rules and other limits apply and can change, so the appropriate contribution strategy depends on your circumstances and the current rules.
Yes. We begin by reviewing what you already have. If your existing fund remains appropriate, it may form part of the recommended strategy. If a change is recommended, we explain the reasons, costs and relevant implications before any change is made.
There is no single amount that is appropriate for everyone. We consider your expected retirement spending, timeframe, superannuation, investments, other assets and potential sources of income to help assess the level of assets and income that may be required.
Additional contributions can be useful for some clients, but the appropriate amount and contribution type depend on factors such as your income, total superannuation balance, available contribution caps, tax position, liquidity needs and retirement timeframe. We assess these factors before recommending a contribution strategy.
Private Capital Management provides retirement planning and superannuation advice from Level 26, 1 Bligh Street in the Sydney CBD. We work with clients across Sydney and elsewhere in Australia, with meetings available in person by appointment or by video.
You have direct access to a named adviser and our team throughout your Wealth Management relationship. Your retirement strategy is reviewed as your circumstances, financial position and relevant rules change.
Licensed and Accredited
AFSL 342880
Authorised Representative 1239545
ASIC
Qualified Tax Relevant Provider, Nathan Ide
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