Retirement Just Around the Corner?

Investors naturally become concerned when they see the current trends in the Australian sharemarket. Seasoned investors, however, understand that the sharemarket always fluctuates, and that the long-term trend has always been up.

This is great news for the long term, but what if your retirement is just around the corner?

Consider Your Options

It can be tempting to switch from a falling managed investment. However, until you sell these growth assets, any drop in value is only on paper - much like the ever changing value of your home.

If you choose to switch, you’ll be creating a real loss on an investment which has been specifically designed to produce sustainable, long term growth.

Thinking Ahead...

If you’re retirement is 5 years away, it’s easy to start thinking that your investments end when you stop working. But with many Australians living more than 25 years past retirement, not thinking long term (maybe 30 years!), could see your investments running out long before you do.

To minimise tax and inflation influences, it is likely your financial adviser has recommended investing some of your money in shares and property. As you enter early retirement, we can transition your super to a pension, avoiding any losses and allowing your investment to recover as you continue through retirement.

So if you’re close to retirement, there are options available to deal with the current market volatility.

We’re here to Help

Before making any decisions, think ahead, and please, always make the most of our professional advice.

For more information, contact our office.