Do you believe an abundant retirement is a possibility for you?

Do you believe an abundant retirement is a possibility for you?


“Before you come alive, life is nothing; it’s up to you to give it a meaning, and value is nothing else but the meaning that you choose.”

A quote by Jean-Paul Sartre French philosopher.


Our Newcastle financial planning advisers believe you choose and create your own reality. By this we mean, it is your choice on what you create and get to experience in your life. Each individual is responsible for making their life meaningful.

Over the past few months during the global pandemic, we have found many people have taken time to reflect on the past 12 months and consider their options or choices for the next 12 months.

For many aged 55 years young or more, it is considering the different options around winding down the hours of work and really connecting with your purpose or what you are passionate about. Whether that being spending time with your grandchildren and family, or even going away on that holiday with your loved one that you always dreamed of.


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Retirement is a big step for most of us. For some, it may be taken after much thought and planning, or an optimistic leap into the unknown. We believe it is important to understand the transition into retirement, and what strategies are successful to ensure a good quality of life that includes the things you’re passionate about.

Philosopher Victor Frankl puts it simply,

“that when one has a reason or a purpose for which to live, one can endure almost anything. The individual is primarily responsible for their attitude to the circumstances in their life, and it is both the individual’s freedom and their responsibility to create meaning in every situation.”

Your purpose of passion may be something as simple as a holiday with the family, an experience like the Melbourne Cup, or something that can become a bit more overwhelming like retiring. Whatever you choose to create, a plan may support you in achieving these experiences

Creating a plan outlining your choices for the next 12 months, will provide a blueprint for living a more abundant life that you are truly passionate about.



Choosing your healthy retirement

Better Health Victoria advises that a person who has retirement forced on them because of redundancy may find it harder to adjust and suggests the following.

  • Ask your employer if it’s possible to continue working part-time in the same position.

  • Look for other opportunities. There may be another job you could apply for in the same company.

  • Apply for jobs with other companies, either full-time or part-time.

  • Consider retraining to update your skills and make you more employable.

  • Try volunteer work; it may help get your foot in the door and provide valuable contacts.

  • Discuss your options and expectations with your partner. Remember that meaningful activities, regular exercise and social contacts can help make retirement a satisfying time of life.

  • Seek professional help if you feel prolonged anxiety, stress or depression.


For Those Already Retired 

However, while most of us plan during our working life and pre-retirement, we strongly believe that you should continue planning during your retirement in order to promote your well-being.

A good Newcastle Financial Planner can support you with the questions you have throughout your life stages and particularly in transitioning into retirement and during retirement. Some key areas our Financial Planners can support include:


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Housing in retirement

It is a very common desire to want to live independently in our own homes as we grow old, but if that isn’t possible, then you have to make sure you have a plan in place for alternative arrangements.

  • In home care

  • Upgrades to your home to ensure its suited to your needs or maybe downsizing your home to make it easier to manage

  • You may also consider moving in with a relative, into a retirement village or

  • In the event that you need higher levels of care move into an aged care residence.

Whatever the circumstances, it is very important to plan for the financial impact of your housing choice later in life. This is where your Newcastle Financial Planners can support you, to provide you with choice, freedom and flexibility.


Finance

With the ever changing legislative, economic and market conditions, your Newcastle Financial Advisers can support you navigating your way through this landscape of Taxation, Superannuation, Centrelink and Pension entitlements.



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Our Newcastle financial planners also have offices in Sydney and help clients across the local areas including Newcastle Financial Planning(Merewether financial planning, The Junction financial planning, The Hill financial planning, Bar Beach financial planning, Newcastle West financial planning, Hamilton financial planning, Adamstown financial planning, Redhead financial planning, Whitebridge financial planning, Kotara financial planning, New Lambton financial planning, Mayfield financial planning), Maitland Financial Planning (Morpeth financial planning, Lorn financial planning, Rutherford financial planning, Aberglasslyn financial planning, Metford financial planning, Beresfied financial planning), The bay (Medowie financial planning, Fern Bay financial planning, Fullerton Cove financial planning, Anna Bay financial planning, Nelson Bay financial planning, Shoal Bay financial planning, Tea Gardens financial planning, Hawks Nest financial planning), Lake Macquarie Financial Planning (Cardiff NSW financial planning, Glendale financial planning, Speers Point financial planning, Fennell Bay financial planning, Bolton Point financial planning, Coal Point financial planning, Toronto financial planning, Valentine financial planning, Belmont financial planning, Eleebana financial planning, Warners Bay financial planning, Caves Beach financial planning), Hunter Valley Financial Planning (Muswellbrook financial planning, Scone financial planning, Pokolbin financial planning, Cessnock financial planning, Singleton financial planning, Broke financial planning, Rothbury financial planning), Central Coast Financial Planning (The Entrance financial planning, Bateau Bay financial planning, Berkeley Vale financial planning, Tuggerah financial planning, Wamberal financial planning, Terrigal financial planning, Erina financial planning, Avoca financial planning, Gosford financial planning, Woy Woy financial planning, Picketts Valley financial planning) & Sydney Financial Planning (Castle Hill Financial Planning, Rouse Hill Financial Planning, Dulwich Hill financial planning).

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Matthew McCabe