Transition to Retirement Strategies
Kennerlys Private Wealth will help calculate how much you need to retire on and if you are on track to meet your financial goals, taking into consideration tax effective strategies and income stream solutions.
Our strategies will help you:
- Organise your affairs to minimise tax by working with your Kennerlys accountant to take advantage of the latest tax strategies
- Maximise Centrelink payments
- Maximise the benefits of your superannuation concessions
Retirement & Social Security
We will assist you to determine if you are eligible for Social Security and maximise your position for a government pension income. We will also look at your eligibility for Seniors Health Card and keep you informed of all the changes that are announced and how to prepare for them. Initially we can help you with completing forms and co-ordinating with a caseworker, and from there it may only be annual updates that are required. Most Centrelink changes are grandfathered, which means that changes made in the future will not affect your current entitlement, but understanding the requirements is important and we can make that easier for you.
Estate & Succession Planning (for your family and business)
Planning for the day you leave your business is very important and something many people don’t give enough thought to. Whether you decide to sell up, retire or need to get out of business due to health reasons, it's important that you spend the time with your family and/or your business partners and plan what you're going to do, who will take on your role and responsibilities and over what timeframe.
A good succession plan enables a smooth transition with less likelihood of disruption to your business. By planning your exit well in advance you can maximise the value of your business and enable it to meet future needs.
Kennerlys Private Wealth can assist to address issues related to not only the ownership succession but management succession planning and leadership development as well.