Approved Financial Planners (08 6462 0888), a Western Australian financial advisory firm, has announced a downloadable pre-retirement assessment tool developed to help individuals evaluate their financial readiness for retirement.
-- The newly available comprehensive checklist enables pre-retirees to systematically assess their current financial position and identify gaps in their retirement planning. The tool was developed as part of Approved Financial Planners' broader commitment to guiding individuals over 45 and those approaching retirement through tailored financial planning services.
Interested parties can learn more at https://www.approvedfp.com.au/services/retirement-planning
With the no-cost, self-evaluation checklist, the team wants to help Aussies take an honest look at their finances. Approximately 40 percent of Australians report lacking confidence in their retirement preparedness. After completing the assessment, 85 percent of the firm's clients felt informed enough to meet with a financial advisor, the team explains.
Many Australian workers are at a critical juncture. Industry research shows that retirees typically need roughly 70% of their pre-retirement income to maintain their desired lifestyle, yet many Australians are falling short of this benchmark. The recent announcement by the Federal Government regarding the revisions to the Division 296 tax law affecting superannuation account balances makes it an important time for those in the pre-retirement phase to review their retirement strategies.
Among Approved Financial Planners' key services is superannuation optimization. Strategic moves like consolidating multiple superannuation accounts can save Australian workers an average of $2,200 annually by eliminating duplicate fees and insurance premiums, notes Daniel Stevens, the firm's Managing Director and Senior Financial Advisor.
The firm's client engagement process begins with a complimentary 15-30 minute consultation to assess eligibility for their services. Clients then move through comprehensive planning sessions to discuss their expected future lifestyle needs and distill that down to goals and objectives. Then, the firm's financial experts work with clients to develop a customised financial strategy.
"Early in their careers, people juggle competing priorities—family expenses, mortgages, education costs—that limit retirement savings capacity," Stevens explained. "As clients enter pre-retirement years, many of these pressures ease, creating opportunities to boost retirement savings significantly."
Approved Financial Planners prioritises lifestyle and values integration into the planning process, maintains ongoing relationships with clients, and conducts annual reviews to track progress toward retirement goals.
About Approved Financial Planners
With more than twenty years of experience serving Western Australians, Approved Financial Planners continues to expand its suite of services, which includes retirement planning, superannuation management, investment strategies, and insurance solutions.
To learn more, please visit https://www.approvedfp.com.au/services/superannuation/
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
Source: NewsNetwork
Release ID: 89173266
Should you identify any discrepancies, concerns, or inaccuracies in the content provided in this press release or require assistance with a press release takedown, we strongly urge you to notify us promptly by contacting error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team is committed to addressing your concerns within 8 hours by taking necessary actions to resolve identified issues diligently or guiding you through the necessary steps for removal. Our dedication lies in providing accurate and reliable information.
