Retiree Financial Planning

Retirement financial planning for the retirement of your dreams


Do you dream about your perfect retirement but don’t know how much income you’ll need to fund it?

Everyone’s dream retirement is different. Endless cruises, lying on a beach with cocktails, owning an island. Or maybe lazy days in your lovely home with brunches out with friends and family is more your style.

And this is where retirement planning comes into play. Why? Because the age pension won’t be nearly enough to fund the lifestyle of your dreams when you retire.

With most of us spending a quarter of our life in retirement, retiree financial planning is imperative and the time to start planning for retirement is now.

But isn’t retirement planning boring and painful?

Everyone’s dream retirement is different. Endless cruises, lying on a beach with cocktails, owning an island. Or maybe lazy days in your lovely home with brunches out with friends and family is more your style.

But with Anthony’s love of numbers and Kylie’s passion to financially educate, we’re able to make it interesting and pain-free. And we promise you’ll feel like a million bucks once you’ve got a plan in place. Isn’t that what you want in a retirement planner?

Together, we’ll:

  1. Review your current financial situation
  2. Identify your retirement goals
  3. Recommend strategies for you to achieve your goals
  4. Develop a plan, from budgeting through to investments and beyond, taking care of both your short-term and long-term goals
  5. Review your Will to ensure it remains relevant

I took my mum to see Anthony and he was so understanding, supportive and had incredible advice for her as she wasn’t sure how to manage her funds and get into retirement. I would recommend him and Kylie for all financial advice. They are a great team and super reliable, which is hard to find in the financial world!

Lindy Pavle

Absolutely! If you’re a self-funded retiree or receiving the Age Pension, we can help. It’s worth reviewing your finances so you can maximise any Government entitlements. And possibly restructure your finances, if need be.

At Creo Wealth Financial Advisor, you’ll benefit from our time and expertise in monitoring:

  • your investments and retirement income, and
  • social security changes that might affect you

But what if I’m already retired? Can retirement advice still help?

Retirement Planning Services FAQ’s

Why should I seek professional retirement planning advice?

Navigating retirement finances is like walking through a maze. A financial advisor not only helps you find your way but ensures you come out the other side in good shape. You get a comprehensive plan that considers your assets, risks, and lifestyle needs.

  • Expertise: Advisors know the ins and outs of retirement planning, taking the guesswork off your plate.
  • Custom Plans: Tailored strategies that match your lifestyle and needs.
  • Peace of Mind: Know you’re making the right choices for a secure future.

Get professional advice; it’s your ticket to a retirement that doesn’t leave you worrying about finances.

How can a financial advisor enhance my retirement planning strategy?

A financial advisor takes your retirement game from amateur to pro. They evaluate your full financial picture and tailor strategies that grow your wealth while minimising risk. It’s like having a coach who knows every play in the book.

  • Investment Guidance: Optimal strategies to grow your retirement fund.
  • Risk Assessment: Safeguard against market downturns and unexpected expenses.
  • Adaptability: Advice that evolves with your life circumstances.

With an advisor, you’re not just planning for retirement; you’re optimising it.

What are the potential risks of not seeking professional retirement planning advice?

Going it alone can cost you. You might miss out on valuable tax advantages, investment opportunities, and risk-reducing strategies. Imagine losing a football match because you didn’t know the rules; the same applies to retirement planning.

  • Missed Opportunities: Lack of expert advice might mean you miss out on beneficial financial strategies.
  • Emotional Decisions: Finances can be stressful; an advisor offers balanced, impartial insights.
  • Unexpected Pitfalls: Market changes and life circumstances can turn a solid-looking plan into a shaky one.

Avoid these risks by enlisting the help of a professional.

Can a financial advisor help me identify and achieve my retirement goals?

Absolutely. Think of a financial advisor as your GPS for retirement, setting your route and recalculating whenever necessary. They ensure you’re on the most efficient path to achieve both your financial and lifestyle goals.

  • Clarity: Identify clear, achievable financial goals for retirement.
  • Accountability: Regular check-ins to ensure you’re on track.
  • Future Planning: Consideration for your potential future needs like healthcare.

Let a financial advisor be your co-pilot to a successful retirement.

How does professional advice help me navigate retirement income sources?

It’s about more than just your pension. A financial advisor outlines all potential income streams—from investments to government benefits—and how to maximise each. You get a well-rounded income strategy, not just a one-note plan.

  • Superannuation: Know when and how to access your super.
  • Age Pension: Maximize government benefits you’re entitled to.
  • Investment Income: Guidance on drawing an income from your investments.

With professional advice, you’ll know exactly where your money is coming from.

What should I look for in a retirement planning advisor?

Expertise, transparency, and a proven track record are non-negotiables. You want someone who understands both the market and your personal financial situation. It’s like picking a five-star hotel; amenities matter, but the quality of service makes or breaks your stay.

  • Certification: Make sure they’re qualified.
  • Specialisation: Advisors experienced in retirement planning will serve you better.
  • Transparency: Understand their fees and what you’re getting in return.

Choose wisely; your future self will thank you.

Can an advisor help me make the most of government retirement benefits?

Yes, they can. An advisor knows the ins and outs of government benefits and how they fit into your overall financial picture. They help you squeeze every drop of value from what you’re entitled to.

  • Eligibility: Determine what you’re entitled to.
  • Maximisation: Strategies to get the most from your benefits.
  • Integration: Fit government benefits into your overall retirement plan.

Maximise your benefits with expert advice, leaving no stone unturned.

How does professional retirement planning advice offer peace of mind?

Knowing an expert has your back lets you sleep better. A financial advisor manages risks, optimises opportunities, and regularly updates your strategy to keep you on track. It’s the financial equivalent of a security blanket.

  • Financial Security: A well-managed portfolio means fewer worries.
  • Preparedness: Be ready for whatever life throws at you in retirement.
  • Emotional Well-being: Reduce financial stress and focus on enjoying life.

Peace of mind is invaluable, and it’s what good retirement planning advice offers you.

Is professional retirement planning advice worth the cost?

Short answer: yes. Here’s why:

  • Long-term Gain: The benefits often outweigh the costs.
  • Avoid Mistakes: Save money by dodging financial pitfalls.
  • Measurable Benefits: Research shows advice leads to better financial and emotional well-being.

The upfront cost might sting, but the long-term value outweighs it. With specialised advice, you’re more likely to reach or even exceed your retirement goals. It’s an investment that pays you back in financial security and peace of mind.

How can professional advice adapt to changing circumstances in retirement?

Life changes, and your financial strategy should too. An advisor continually assesses your situation and makes adjustments, ensuring you stay ahead of any curveballs. It’s like having a weather app that updates you before the storm hits.

  • Flexibility: Adapt your financial strategies as your life evolves.
  • Crisis Management: Quick, expert adjustments to unexpected events.
  • Reviews: Regular check-ins to keep your plan current.

A dynamic retirement plan adapts to life’s curveballs.

Why is professional retirement planning advice essential?

Without expert guidance, you risk sailing into retirement without a compass. Professional advice not only provides direction but equips you with the tools to handle whatever comes your way. It’s not just advice; it’s your roadmap to a secure retirement.

  • Longevity: Plan for a retirement that could last 20 years or more.
  • Complexity: Navigate taxes, benefits, and estate planning.
  • Financial Freedom: Live the retirement you’ve always wanted.

Essentially, professional advice makes your retirement dreams achievable.

What are the potential consequences of not seeking professional retirement planning advice?

You risk being financially unprepared for retirement’s realities. This can lead to a lower quality of life, higher stress, and the possibility of outliving your resources. It’s like ignoring a leak in your house; small problems now can become big issues later.

  • Financial Strain: Inadequate funds can make your golden years far from golden.
  • Lost Benefits: Miss out on government or tax benefits.
  • Emotional Toll: Financial stress can negatively impact your well-being.

Don’t face the potential pitfalls of retirement alone; get expert advice.

Why use us as your retirement financial advisor?

We’re your local financial advisor Penrith – a family-owned and operated business. And we believe that everyone deserves financial freedom, regardless of your background. We’re passionate about educting you and guiding you on your way to financial freedom.

We’ve been helping people like you in the Penrith, Castle Hill and Blue Mountains areas with retirement planning for almost 20 years. How’s that for showing our age? And with our super and Centrelink knowledge, we’ll help you make the most of your retirement options.

But don’t just take our word for it. Check out some client love from past and current clients.

Our values

Creo Wealth Financial Advisers - Values - Passion


We have a passion for numbers and helping you reduce the fear that comes with managing your finances. The result? You can walk your journey towards financial freedom with more confidence.

Creo Wealth Financial Planners - Values - Knowledge


Ensuring our team is up to date with relevant knowledge. And spending time to educate you, so you can make informed decisions about your financial future.

Creo Wealth - Financial Advisers - Values - Solutions


Presenting you with solutions that best suit your circumstances and your financial goals. No cookie cutter financial planning advice here.

Creo Wealth - Financial Planners - Values - Commitment


We’re committed to helping you discover what financial freedom means for you. And we’re committed to helping you get there.

Creo Wealth Financial Advisers - Values - Integrity


At Creo Wealth, integrity is the name of the game. We’re huge believers in acting honestly and with integrity. After all, you need to work with a financial planner you can trust.

Creo Wealth Financial Planners - Values - Respect


Financial planning and wealth creation can feel so overwhelming. Which is why we treat our team members and you as our client with respect. After all, we’re all human.

Want help with a retirement plan so you can have the retirement of your dreams?

Schedule an obligation-free chat to find out how we can help you get your retirement plans on track.