-- The latest tool helps address increasing concerns among high-net-worth individuals (HNWIs) and families about retirement preparedness in Australia's complex financial landscape. Approved Financial Planners specializes in retirement planning, superannuation optimization, investment strategies, and insurance protection, serving clients throughout Western Australia.
Interested parties can learn more at https://www.approvedfp.com.au/services/retirement-planning/
While the broader population contends with rising living costs and mortgage pressures, affluent residents of Nedlands face distinct challenges centered on capital preservation, tax optimization, and strategic wealth transfer across generations. The recent change to the Division 296 tax will significantly impact high-net-worth individuals, adding an extra 15 percent tax on superannuation earnings for balances topping $3 million.
In response, many HNWI are considering alternative wealth management strategies and diversifying their investments outside of super. The self-assessment tool from Approved Financial Planners allows HNWI and others to evaluate their financial position and retirement planning objectives from the comfort of their homes. Through systematic evaluation, users can identify strengths, weaknesses, and potential strategic opportunities before engaging with financial advisors.
"Our data shows that 85% of clients who complete our assessment tool feel more confident when meeting with financial advisors," said Daniel Stevens, Managing Director and Senior Financial Advisor at Approved Financial Planners. "This preparation leads to more productive consultations and better outcomes for our clients."
The checklist addresses key challenges facing wealthy Australian pre-retirees, including wealth concentration in illiquid assets such as residential and commercial property, high-tax environments, and the transition from wealth accumulation to sophisticated risk management strategies.
Financial considerations for those entering the pre-retirement phase of life are only part of the equation. Individuals must come to terms with emotional and identity transitions that accompany retirement after successful professional careers, as well as the complexities of intergenerational wealth transfer and legacy planning.
Approved Financial Planners specializes in serving HNWIs over 45 and pre-retirees throughout Western Australia through personalized consultations and practical resources. The firm provides access to managed investment and superannuation funds from established investment managers.
For more information or to download the Retirement Readiness Checklist, please visit https://www.approvedfp.com.au/services/retirement-planning/
Contact Info:
Name: Daniel Stevens
Email: Send Email
Organization: Approved Financial Planners Pty Ltd
Address: 7/437 Cambridge St,, Floreat, WA 6014, Australia
Website: https://approvedfp.com.au
Release ID: 89176187