Retirement planning

Kite Financial Services – helping you reach your lifestyle goals.

Thanks to our high standard of living and medical advances, Australians are living longer than ever before. A male retiring at age 60 will likely spend around 22 years in retirement and a female 26 years*. While this is good news, being able to enjoy such a lengthy retirement may cost more than you think.

According to the Association of Superannuation Funds of Australia (ASFA), an individual seeking a comfortable lifestyle needs a yearly income of $40,297 (after tax) ^. That requires savings of $533,088 at retirement to provide this level of income for the next 20 years +.

Planning ahead

When we draw up a plan, we conduct in-depth analysis to learn about you and understand your current situation and goals so we can present you with the most appropriate options to suit you in retirement.

We can discuss your ideal retirement lifestyle and when you’d like to stop working. We can also help you work out how much income you might need in retirement and gain an understanding of the types of investments and risks you are comfortable with.

Whether you are approaching retirement or still a few years away, it’s important that you understand all of the options available to suit you and your ideal retirement such as:

  • Transition to retirement strategies
  • Boosting your super
  • Allocated pension
  • Personal insurance requirements
  • Tax-effective strategies
  • Annuities and
  • Estate planning.

Start planning now

A Kite Financial Services Pty Ltd financial adviser can help you make sure you are as ready as you can be so you are able to look forward to your retirement.

To find out how we can help you plan a successful retirement, call 1300 695 830 or email us.

*Australian Government Actuary, Australian Life tables 2005-07.

^Westpac ASFA Retirement Standard, Comfortable lifestyle, Single March 2012.

+Colonial First State. May 2012. Assumptions earnings 7.7% with inflation at 3% paid via an indexed pension and net of all fees and taxes.

Important Information
This web page contains general advice. It does not take account of your objectives, financial situation or needs. This page has been prepared by Kite Financial Services Pty Ltd ABN 36 053 973 041. Kite Financial Services Pty Ltd is a Corporate Authorised Representative of Australian Unity Personal Financial Services Limited ABN 26 098 725 145, AFSL 234459.