Financial planning for retirement - Perth

Discussion in 'Financial Planning' started by Propin, 14th Jul, 2018.

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  1. Propin

    Propin Well-Known Member

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    Who would you recommend to set up a retirement plan?

    What has been other people experiences doing this?
     
    Propin, 14th Jul, 2018
    #1
  2. Wanttoretire

    Wanttoretire Well-Known Member

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    We are absolutely bamboozelled by this site. Finance has changed. And so have investors, be careful.
     
    Wanttoretire, 14th Jul, 2018
    #2
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  3. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    Very loose question Id suggest

    retirement plan as in u are 3o and looking to exit in 25

    transition to retirement, say 50 to 60

    using property or shares or super or pension etc

    ta

    rofl
     
    Rolf Latham, 14th Jul, 2018
    #3
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  4. Propin

    Propin Well-Known Member

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    Will add more details
     
    Propin, 14th Jul, 2018
    #4
  5. Propin

    Propin Well-Known Member

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    We want to move away from owning rental properties so want to sell off potentially 4-5/6 properties and keep 1-2 outright after developing two of the properties. Most is in husband’s name. 1 development site is 50/50. I’m not up to date with GST and development.

    I haven’t worked for 20 years so my super is about $10,000. I’m 45. I could go back to work.

    Husband is 49. He doesn’t expect to be employable after about 55 in his industry. Have started to SS into super.

    Our accountants firm has merged and not helpful with service so need to change that too.
     
    Last edited: 14th Jul, 2018
    Propin, 14th Jul, 2018
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  6. Propin

    Propin Well-Known Member

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    And the current taxes on one wage to support a family is a fair wack too, so wanting a bit of a plan to address all of that and try to even out income in retirement
     
    Propin, 14th Jul, 2018
    #6
  7. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    thats a formidable list :)

    tax and legal structure advice/investment/financial planning and possibly credit advice.

    Youd need 4 "people" that are good at what they do, since or the odd one that can tie all 4 together.

    There are firms that do all this stuff in the one place - aka One stop Shops.

    There are enough professional in those and allied fields, from Perth that post here, that can help you for sure - either directly or with some reputable contacts

    ta

    rolfl

    ta
    rolf
     
    Rolf Latham, 15th Jul, 2018
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  8. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Sounds like you should seek some tax planning advice
     
    Terry_w, 15th Jul, 2018
    #8
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