RetireInvest Canberra

Retire Invest Canberra is proud to be a part of the RI Advice Group and its legacy of providing unparalleled financial advice since 1979. As a trusted name in retirement planning, our dedicated team of professionals thrives in this dynamic and ever-changing environment. Our unwavering commitment to helping clients achieve their financial goals is rooted in our deep understanding of their unique needs. We take every client's situation seriously, and strive to create personalised plans that work for them. Our approach is not just about numbers and figures, but also about building long-lasting relationships with our clients. We believe in transparency, honesty, and integrity in all our dealings, and our clients appreciate that. At Retire Invest Canberra, you can expect a personalised experience that caters to your specific needs, ensuring that you can retire with peace of mind.. Call us today at 02 6260 3232 or visit us at https://lnkd.in/g4SAu_kb

Is retiring early still possible in times of high inflation? Absolutely! But it takes smart planning and a professional help from a financial advisor. Here are some tips to make it happen: - Invest in inflation-proof assets like property, stocks, and inflation-linked options. - Adjust your retirement savings to account for rising costs. - Consider delaying your super withdrawals and maybe even part-time work. - Create a budget that adapts to inflation and stick to sustainable withdrawal rates. - Keep future eligibility for Age Pension in mind for added security. Tailor your strategy with your financial advisor's help. Early retirement is possible with proper preparation. Don't wait, start planning now! #RetireInvest #Canberra #RIAdvice #RetireSmart #PlanAhead #FinancialFreedom #InvestWisely #RetirementGoals

Australians aiming for a comfortable retirement should keep these key factors in mind: 1. Know Your Goal: According to ASFA, you'll need approx. $690k (single) or $1.03m (couple) for a comfortable lifestyle. 2. Check Your Super Balance: Review your super regularly and consider voluntary contributions if needed. 3. Estimate Income: Plan for annual retirement income of ~$53,600 (single) or ~$76,500 (couple) from super, Age Pension, and investments. 4. Review Spending: Consider both essential and lifestyle costs to ensure your retirement budget is sustainable. 5. Plan for Longevity: Your savings might need to last 25+ years, so start planning early. 6. Seek Advice: A financial adviser can help tailor a strategy for your retirement goals. Start planning today for the future you deserve! 🌟 Contact us today at 02 6260 3232. #RIAdvice #RetireInvest #Canberra #RetirementGoals #FinancialPlanning #Superannuation #Australia

Making smart financial decisions in your 20s can set the stage for a secure and prosperous future. Here are some of the most powerful financial decisions you can make during this period #RetireInvestCanberra #RiAdvice #smartfinancialmoves #20s #millenial #savings #investments #financialdecisions

Big news for Australia's aged care sector! The new Aged Care Act is set to transform how we care for our seniors, ensuring better quality, safety, and dignity for those who need it most. Learn more about the changes and how they might affect your loved ones. Full details here: https://lnkd.in/gSWn8DGQ #AgedCareReform #CaringForElders #AustraliaCares #AgedCareAct #SeniorSupport #BetterCare

If your elderly parent is struggling at home, it might be time to have a conversation about aged care. Start by asking these 3 questions: • How’s their social life? Loneliness can affect their health. • Any health concerns? Discuss safety and care preferences. • How are they managing daily tasks like cooking and cleaning? It’s important to start these talks early and create a safe, supportive space to explore options like home adjustments or aged care facilities. ❤️ If you need assistance and expert advice in entering age care, contact us at 02 6260 3232. #RIAdvice #RICanberra #AgedCare #SeniorCare #FamilySupport

Set a strong financial example for your kids with simple daily habits. 🏦💡 Involve them in budgeting, talk about smart spending, and show the value of saving. Actions speak louder than words, so model good financial decisions and share lessons from your own experiences. By teaching them early, you're helping build a solid foundation for their financial future! 💰 ✨ #RIadvice #RetireInvest #Canberra #FinancialLiteracy #ParentingTips #SmartMoney #LeadByExample Get in touch with us https://lnkd.in/gtuj3_JN

🔍📈 Your annual super statement is here! Time to check under the hood. Your annual super statement has arrived and it's more than just a snapshot of your finances, it's an invitation to take a closer look at your super settings. Are you happy with how it's going? Consider things like your investment options, fees, and insurance. Make sure you're on track to reach your retirement goals. And don't forget to check for any lost super! #supersavings #financialfuture #retirementgoals #takecontrol

Gifting a property to your child can be a generous way to help them onto the property ladder, but it involves important financial considerations. When you transfer a property, the Australian Taxation Office (ATO) treats it as if you received the market value, triggering potential capital gains tax (CGT) on any profit made since purchase, even if no money changes hands. You might qualify for CGT discounts, especially if the property was your main residence. Additionally, your child could face transfer duty based on the property's current market value. If the property has a mortgage, the transfer can become more complicated as banks will assess your child's ability to manage the loan. If you're receiving Centrelink payments, gifted property might affect your entitlements, so consulting a financial adviser is wise. Engaging a professional valuer can help ensure fair property valuation for tax purposes. It’s also crucial to consider your retirement plans before transferring significant assets. If gifting seems too complex, consider alternatives like co-investing, helping with a deposit, or letting your child live with you to save. Overall, enlisting a team of professionals can help navigate the process and minimize potential pitfalls.

Wondering if you can boost your child’s chances of financial security by topping up their super? The good news is, even if your child isn't working, you can set up a super account for them! Just make sure to choose a fund that accepts minors and fill out the new member paperwork on their behalf. If they are working, their employer can also contribute to their super, but there are conditions. While there are no restrictions on contributing to your child's super, keep in mind that it's a long-term savings vehicle with restricted access. If you're hoping to help your child early in life, consider alternative options such as setting up an investment account, an informal trust, or making extra contributions to your own super. And don't forget the importance of teaching your child good financial habits for their future. #Retireinvest #RIAdvice ##canberra #childsuper #Childsavings #super #future