Retirement Planning in Melbourne
The best time to plan for your best life is today
Retirement should leave room for the people, plans and everyday moments that matter to you. But knowing whether your money can support that life isn't always straightforward. Frontier Financial Group's Melbourne financial advisors help you bring superannuation, investments, spending and any remaining debt into a practical retirement plan. Whether you're still building your savings, considering fewer working hours or already retired, we'll help you understand your options and decide what to prioritise next.
How We Can Help You Plan for Retirement
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Understand the lifestyle you want and the income it may require.
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Review how your superannuation, investments and other assets fit together.
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Consider contribution strategies, investment risk and the timing of retirement.
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Assess any remaining debt and the cash you may need for unexpected expenses.
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Put agreed recommendations into action and review your plan as life changes.
Start With Your Life, Not Just a Super Balance
There isn't one retirement number that suits everyone. Your living costs, housing, health, family commitments and plans for travel all matter, along with when you hope to reduce work or retire.
A useful plan helps you understand the choices available and the trade-offs between them. It should also leave room to adjust when circumstances change.
Retirement Planning FAQs
How much do I need to retire?
There isn't one figure that suits everyone. Start with the lifestyle you want, your expected spending and the income you may have from super, investments and other sources. Your housing costs, health and family commitments also matter. An advisor can help you explore different scenarios and understand the assumptions behind them.
When should I start planning for retirement?
You don't need to be close to retirement to start. Planning while you're still working gives you time to review savings, super and your wider finances. It can also help if retirement is approaching sooner than expected or you've already stopped working.
Do I need to pay off my mortgage before retiring?
Being debt-free can reduce your living costs, but the right approach depends on your loan, savings, expected income and other priorities. Some households have no mortgage at retirement; others need to plan for repayments. Consider the full picture before directing money into debt or investments.
Can I get the Age Pension as well as super?
Some people receive both, but eligibility depends on the rules and your circumstances. Your age, residency, income and assets can affect whether you qualify and how much you may receive. Your retirement plan should use current information rather than assume a particular payment.
What should I bring to a first retirement-planning meeting?
Bring your questions and a rough picture of your income, spending, super, investments and any debts. Think about when you'd like to retire and what you want life to look like. You don't need to have everything worked out before speaking with us.
For independent background information, visit ASIC Moneysmart's retirement planning guide.
Bring Your Retirement Decisions Together
Superannuation is only part of the picture. Our superannuation advice and wealth management services can help connect your retirement savings and investments with your wider goals.
We start with a conversation about what matters to you, your current finances and the decisions you're facing. Your advisor can then explain suitable options, develop recommendations within the agreed scope of advice and help you put your plan into action. Ongoing reviews can help you respond to changing circumstances.
Preparing for Retirement in Your 50s or 60s?
Our pre-retirement planning guide explores the move from building wealth to preparing for retirement income. If you still have a home loan, our guide to paying down your mortgage or investing explains the factors worth comparing.
Meet the People Helping You Plan
Explore our Melbourne financial advisor team, including Daniel McLean, David McLean, Steven Woodford, Mark Gunn and Melina Pisani. We're here to help you find the right fit.
Visit us at 4/416-420 Collins St, Melbourne VIC 3000, or ask about an online consultation.
General information only. Your circumstances and the current rules need to be considered before making financial decisions.
Discover where else Frontier Financial Group can help you go today.
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