financial advice for retirement
Retirement Planning
Retirement isn’t just a financial milestone – it’s a life transition. At MN8 Wealth, we believe planning for retirement should feel empowering, not overwhelming. Whether you’re five years out or already easing into retirement, the right plan can help you feel confident about what’s ahead.
Here are a few things to consider as you prepare for retirement – from clarifying your goals to making sure your finances are working for you.
Start with Your Vision
Retirement is personal. For some, it’s about freedom and flexibility. For others, it’s about security and simplicity. Before diving into numbers, take time to imagine what a fulfilling retirement looks like for you. What will your days include? What do you want more of – or less of? This vision becomes the foundation for your financial plan.
Understand Your Financial Position
Clarity is the first step toward confidence. Review your superannuation, savings, and any other income sources. Consider how your spending might shift – work-related costs and debt repayments may drop, but lifestyle, travel, or healthcare expenses could rise. Estimating your future expenses helps you plan with purpose and avoid surprises.
If you’re likely to receive government support such as the Age Pension, it’s important to understand how your income and assets may affect your entitlements. Planning ahead can help you maximise your benefits and avoid surprises.
Make Your Money Work Smarter
Your super isn’t just a savings account – it’s an investment engine. As you approach retirement, it’s worth reviewing how your money is invested. Does your current mix reflect your goals and comfort with risk? Even small adjustments can improve long-term outcomes. A strategic review can help you balance growth, stability, and peace of mind.
Plan for Change
Retirement unfolds in stages. You might transition gradually, work part-time, or take a break before deciding what’s next. Life will change, and your plan should be flexible enough to change with it. Regular check-ins help you stay aligned with your goals and adapt confidently when circumstances shift.
Bridge the Gap
The final years before retirement are often the most powerful. This is when small decisions — like adjusting contributions, reviewing insurance, or refining your investment mix — can have a big impact. It’s also a great time to explore income strategies, tax planning, and whether your super is structured to support your lifestyle. Strategic advice during this phase can help you bridge the gap between working life and retirement with clarity and control.
Get Strategic Support
You don’t have to do it alone. A financial adviser can help you clarify your goals, understand your options, and create a plan that reflects your lifestyle and values. At MN8 Wealth, we specialise in guiding pre-retirees through this transition with strategic, personalised advice — so you can move forward with clarity, care, and confidence.
We also help clients understand how Centrelink rules apply to their situation, including Age Pension eligibility, income testing, and how your super and investments may affect entitlements.
FAQs: Retirement Planning with MN8 Wealth
What can I expect from a retirement planning appointment?
We’ll start by exploring your goals, lifestyle, and current financial position. From there, we’ll help you understand your options and build a plan that supports your retirement vision – with clarity, care, and confidence.
Can my partner join the appointment?
Absolutely. We encourage couples to attend together, especially since Centrelink entitlements and retirement planning often depend on both partners’ financial details. Providing advice jointly helps ensure your plan is aligned, comprehensive, and tailored to your shared goals.
What questions should I ask a financial adviser?
Here are a few to consider:
- How can I make sure my money lasts as long as I need it?
- What strategies can help me maximise my retirement income?
- How do I protect my savings from inflation and market changes?
- What’s the best way to structure my super investments as I approach retirement?
- How can I reduce tax and improve my retirement outcomes?
Do you offer a free initial consultation?
Yes – we offer a complimentary Financial Clarity Session to help you explore your goals and see how we can support you.
What makes MN8 Wealth different?
We specialise in retirement planning for pre-retirees. Our advice is strategic, personalised, and designed to reduce financial stress while empowering you to make informed decisions. We simplify complex strategies and tailor everything to your lifestyle and values.
