Retirement might feel like a distant goal, but the sooner you start planning, the better prepared you’ll be. At Moneyclip, we understand that retirement planning isn’t just about setting aside money—it’s about making sure you’re as debt-free as possible for a comfortable future aligned with the life you want to live.
For many, retirement becomes more real as they approach it. The earlier you begin, the more you benefit from the power of compounding, allowing your investments to grow and work harder for you over time. Debt reduction is also an important part of retirement planning. Making sure your primary residence is debt-free as you begin retirement is the goal, and we’re here to guide you through the process.
We’ll work with you to evaluate your current situation and determine how much you need to save to meet your retirement goals. For every $1,000 per month of the desired lifestyle, you’ll need approximately $150,000 to $200,000 of investable assets to make that last until age 90. Our role is to help you get there by identifying necessary changes, whether adjusting your risk profile, reducing expenses, or finding new investment opportunities.
When it comes to housing your retirement savings, superannuation is a tax-efficient structure that allows your money to grow. Most people opt for a standard super fund managed by an external company, but a Self-Managed Super Fund (SMSF) can be a viable alternative for those who want more control over their investments. However, SMSFs aren’t for everyone. They come with additional responsibilities, and it is crucial to ensure they’re the right fit for your situation.
At Moneyclip, we provide clear, honest advice about whether an SMSF suits you. We’ll guide you through the complexities, helping you understand the risks and benefits so you can make an informed decision. And if an SMSF isn’t the right choice, we’ll work with you to find the best alternatives to achieve your retirement goals.
