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Will my Money Run Out in Retirement?

Picture of Roger Perrett

Roger Perrett

Partner
Executive Financial Advisor
B.Bus ADFP ADA1 SMSF

Retirement is a stage of life that holds the promise of relaxation, exploration, and the freedom to embrace newfound passions. As you envision the greatness of retirement, the last thing you want is uncertainty about whether your money will run out. Unfortunately, this concern is a common one, leaving many individuals questioning how much they can comfortably spend without jeopardizing their financial security. We’ll explore the positive aspects of retirement, delve into the problem of financial uncertainty, and offer a resolution that provides peace of mind and certainty through retirement planning.

The Promise of Retirement Greatness

Retirement is a golden period, a time to savor the rewards of years of hard work and dedication. It opens up opportunities to travel, spend quality time with loved ones, and pursue hobbies that may have taken a backseat during the busy working years. The prospect of a fulfilling and leisurely retirement is undoubtedly exciting.

The Unsettling Unknown – Will My Money Run Out?

Despite the excitement surrounding retirement, the fear of financial uncertainty often looms large. Many individuals find themselves grappling with the question of whether their money and superannuation will last throughout their retirement. The lack of clarity on how much they can spend without exhausting their resources can cast a shadow on the retirement dream.

The Good News – Retirement Planning Provides Forecast and Assurance

The good news is that there are ways to dispel the uncertainty and gain financial confidence in retirement. Retirement planning offers the tools to provide a forecast based on various assumptions, helping individuals understand the sustainability of their financial resources. This forecast takes into account factors such as life expectancy, expected returns on investments, and investment performance.

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The Resolution – Contact Us for Peace of Mind

The resolution to the uncertainty surrounding retirement finances is to seek professional advice. Beyond providing a forecast, we can offer strategic advice on retirement planning that goes beyond just the numbers. Our Financial Advisors can guide you on strategies that not only ensure a comfortable retirement lifestyle but also allow you to sleep soundly at night, knowing your financial future is secure.

Next Steps – Retirement Planning for Financial Security

If the uncertainty of whether your money will run out in retirement is keeping you up at night, contacting us is the next step. Our team of experts specializes in retirement planning, offering personalized forecasts and strategic advice to provide peace of mind and financial security.

To discover how to ensure your money doesn’t run out in retirement and to explore tailored retirement planning strategies, we invite you to contact us. Let’s work together to transform retirement uncertainty into a chapter of financial confidence and fulfillment.

Disclaimer

This information is general advice. We have not considered your objectives, personal or financial circumstances. You should consider the appropriateness of the advice for your circumstances before making any decision. You should obtain and consider the relevant Product Disclosure Statement and seek the assistance of an authorised financial adviser before making any decision regarding any products or strategies mentioned in this communication.

Past performance is not an indication of future performance.

This presentation has been prepared and presented by Roger Perrett, Freshwater Wealth Management Pty Ltd CAR no.1307016, Alliance Wealth Pty Ltd AFSL No.449221. This information cannot be used or copied in whole or part without our express written consent.

While every effort has been made to ensure the accuracy of the information, it is not guaranteed. It is based on our understanding of regulations and laws as at the publication date. As these are subject to change you should talk to a professional adviser for the most up-to-date information.

To the maximum extent permitted by law, no person including Alliance Wealth Pty Ltd nor its related entities, employees or representatives accepts responsibility for any loss suffered by any person arising from reliance on this information.

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