Retirement Advice
Managing your income, protecting your assets, and making your wealth last - ongoing advice for Sutherland Shire retirees.
Retirement isn't the end of the financial journey.
Many people assume that once they've retired, the financial complexity decreases. In our experience, it often increases. Managing income from multiple sources, whether that is super, the Age Pension, investment accounts, or a rental property, while keeping an eye on tax, Centrelink, market volatility, and changing legislation requires careful, ongoing attention. The difference is that you can no longer supplement income from work if something goes wrong.
That's why the ongoing management relationship matters more in retirement than at any other stage of life.
At Aspirations Wealth, we have been managing retirement portfolios for individuals and families in the Sutherland Shire for over 25 years. The relationships we build with retirees are typically our longest and our most valued.
Active management of your retirement income portfolio
When you retire, your super account can be converted to an account-based pension, which is an income stream drawn from your investment portfolio. The money doesn't stop being invested; it continues to be managed with the goal of generating income while preserving as much capital as possible for as long as possible.
We manage this portfolio on your behalf. We decide how it's invested, monitor it against market conditions, and rebalance it when required. We set the drawdown rate to ensure your income is sustainable, and we review it at every meeting in light of your spending, your health, and your goals.
Our fee in retirement, as in accumulation, is a percentage of the portfolio we manage. Our interest is in making your wealth last. The longer it does, the longer our relationship with you continues.
How we help our retired clients
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Account-based pension management
We manage the investment portfolio inside your account-based pension, deciding how it's invested, monitoring performance, and adjusting the strategy as market conditions and your needs change. The goal is to balance income, growth, and capital preservation across the duration of your retirement.
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Retirement income planning
We work with you to determine the right drawdown rate from your pension, enough to fund the lifestyle you want, without depleting capital faster than necessary. We model different scenarios and give you a clear picture of how long your assets are projected to last.
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Age Pension and Centrelink
Many retirees are eligible for at least a part Age Pension, but the means test is complex and often misunderstood. We assess your entitlement accurately, identify structuring opportunities, and ensure your assets and income are reported correctly to Services Australia.
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Investment accounts outside super
Clients who hold investment assets outside their super pension, whether in individual names, joint accounts, or family trusts, benefit from active management of those assets too. We manage the full picture, not just the super component.
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Regular face-to-face reviews
We meet with our retirement clients a minimum of twice a year, in person at our Miranda office. These reviews cover portfolio performance, income adequacy, any changes in health or circumstances, and updates to legislation or Centrelink settings that may affect you.
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Estate planning coordination
We work alongside your solicitor to ensure your super beneficiary nominations, investment account ownership structures, and overall estate plan are current and set up to pass assets to your intended beneficiaries in the most effective way. This is reviewed at every annual meeting.
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Tax management in retirement
Investment earnings in a properly structured super pension are tax-free. Income drawn from an account-based pension by someone over 60 is also tax-free. We ensure your portfolio and income streams are structured to take full advantage of these benefits.
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Family and legacy planning
For clients who want to help their children or grandchildren financially, or who have specific charitable or philanthropic intentions, we help structure contributions and gifts in a way that is tax-effective and consistent with your broader financial position.
Ready to talk? Your first meeting is on us
We’ve been helping individuals, families and business owners make confident financial decisions for over 25 years.
Let’s start your conversation.