Services
Retirement Planning
For some, retirement could mean spending more time with family, friends or travelling, while for others, it could mean pursuing a neglected passion, starting a small business or volunteering.
The key to making your retirement vision a reality is to plan, save and invest carefully before you reach your retirement years.
At AMD Financial Planning, we’re retirement planning specialists and have helped many people just like you to plan, look forward to and eventually enjoy a secure, comfortable quality of life in retirement.
Pre-Retirement Planning (transition to retirement)
In preparing for retirement there are important strategies to consider which can make a considerable difference to your retirement. This may include plans for tax effective strategies to help increase your superannuation balance or to reduce tax payable to future beneficiaries.
Converting funds to a Pre-Retirement Pension may also assist to maximise after tax income and potentially increase your retirement savings.
Superannuation
Aside from the family home, superannuation may be your biggest asset. We can help identify the issues you need to consider and how to maximise the value of your super in the years ahead.
Which type superannuation fund is best for you? Industry superannuation funds, retail super funds or self-managed super funds each make up about a third of the industry’s overall invested monies into super, and each has its own unique features and benefits that you can take advantage of.
At AMD Financial Planning, we understand the complexities of the superannuation environment and can help structure a superannuation strategy that’s right for you.
Investment Advice and Debt Management
Investing remains one of the most effective ways to grow your wealth over the long term. At AMD Financial Planning, we believe that investing requires a disciplined approach.
We provide investment advice based on a thorough understanding of your circumstances, attitudes and objectives; and we only proceed when you are entirely comfortable with the investment strategy we recommend.
Debt Management is a component of investing, and not all debt is the same. At AMD Financial Planning discussion around deductible versus non-deductible debt is considered within any investment strategy.
Centrelink
In retirement, many Australians rely on a full or part Age Pension to supplement or fund their retirement income.
Dealing with Centrelink can be an incredibly daunting and frustrating experience. At AMD Financial Planning, we can, as part of your service and where relevant, liaise with them on your behalf.
We can also offer, where relevant, strategies and products that may provide you with an increase to Centrelink payments such as age pension and/or Centrelink health cards.
Personal Insurance
Life insurance can help protect you and your loved ones if something unexpected happens.
What life insurance covers:
- life cover — pays a lump sum when you die
- total and permanent disability (TPD) insurance — pays a lump sum to help with rehabilitation and living costs
- trauma insurance — covers you if you’re diagnosed with a major illness
- income protection insurance — pays some of your income if you can’t work due to illness or injury
At AMD Financial Planning we believe that insurance is the cornerstone of a sound financial plan. As part of our duty of care, we’ll discuss various types of insurance cover that we feel may be suitable for you based on your circumstances and obligations as we understand them.
Estate Planning
At AMD Financial Planning we believe a good estate plan should provide clarity around all aspects of your assets you leave behind and can include a detailed set of documents that can involve your will, trusts, powers of attorney, life insurance, beneficiary designations and asset ownership.
An effective and efficient estate plan aims to increase the value of the estate by reducing taxes and expenses and provide an efficient and seamless transition to your beneficiaries.