In Your 60s and Beyond
As you transition into retirement, shift your focus towards generating income from your investments. Develop a sustainable withdrawal strategy from retirement accounts to meet your living expenses while preserving capital.
Consider downsizing your home or relocating to a more affordable area if necessary. Stay vigilant about managing healthcare costs, including long-term care needs.
Review your estate plan regularly and make any necessary updates. Stay engaged with your finances and continue monitoring your investments and spending to ensure a comfortable retirement.
Plan for the potential need for aged care. Talk to your family about it and don’t leave it too late.
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Listen
We sit down with you and listen to what you have to say.
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Design
We create and evolve personal wealth solutions to ensure they always reflect your needs and objectives.
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Realise
We help you establish and realise your goals and objectives, whatever your stage of life.
What Pride Advice Offers You
A Pride Advice adviser can guide you in generating income from investments and devising a sustainable withdrawal plan. They offer insights on downsizing or relocating for affordability and managing healthcare expenses, including long-term care. Advisers emphasize regular estate plan reviews and facilitate discussions with family about aged care, ensuring proactive planning for a comfortable retirement.
Seeking advice from a financial adviser is crucial as they provide personalised guidance based on expertise rather than subjective opinions. Unlike family, friends, or media, Pride Advice advisers offer professional insights tailored to individual needs. Financial literacy is mostly overlooked in formal education, so it is a necessity to obtain expert advice.
Remember, these are general guidelines, and individual circumstances may vary. It’s essential to adapt these recommendations to your specific financial situation and goals and consider seeking professional advice when needed.