How to start preparing for retirement
When and how to start preparing for retirement are questions most of us will ask ourselves at some stage in our lives. Even as a professional financial adviser, Alison Kaigan from Genki Finance will tell you that there are many factors to consider, it's no wonder so many people don't know where to begin.
One of the most common questions we get asked is, when should I start planning for retirement?
Our answer is simple and to the point. Now! The more time you have, the more financial security you'll have for your retirement - even if it's likely to be decades away!
Understandably, many people in their 20's and 30's are busy with other financial goals such as saving for or paying off a home, and don't consider the importance of planning for retirement so early.
When it comes to creating wealth, the secret ingredient is time. The more you have of it, the less money you need.
For people over the age of 40 it's not too late. You may have savings, equity in your home, superannuation, or other assets that can help you reach your retirement goals. Don't let urgency turn into the fear of not taking action! We can find a way to help you too.
We take the worry out of preparing for retirement
If you haven't started planning for retirement, talk to us sooner rather than later. Our suite of financial services lets us tailor a solution for virtually every individual and their circumstances. Our helpful and experienced financial planner Alison Kaigan will help you make this big decision with confidence.
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