Retirement Advice from LIFE-TIME Financial
Having the right Retirement Plan for New Zealand is about understanding your retirement goals and managing your portfolio of Assets, Investments and Retirement Savings to ensure you can have the funds available and in place when you need.
The question isn’t at what age I want to retire, it’s at what income
– George Foreman, Heavyweight Champion
Being comfortable in Retirement is about making the right decisions about what you will need when you complete your working life. Life-expectancy is increasing and the population demographics are shifting towards an ever-aging population; so it’s good to be prepared.
Evidence Based Recommendations
LIFE-TIME purchase and use four sources of independent evidence to recommend the most appropriate solutions for your circumstances that rates Investments and KiwiSaver Funds against competitors from independent investment research houses like FundSource and SmartKiwiSuper.
The above example data, shows an example of some of the research statistics LIFE-TIME has access to. One fund is performing much more strongly than the others, but during the global financial crisis, it performed less favourably. Knowing which is best for you, is something we can help with.
Whether you are thinking of switching KiwiSaver providers or plans, it’s worth understanding all the options across the marketplace: because we are independent from all fund providers, we can give you the impartial advice you need to make the right choices.
It is certainly true that ” past performance is not indicative of future results” but it is also true that “past performance is a good indicator of future success”.
Using all the expertise of the LIFE-TIME team and the principal Financial Adviser who set up the business on Auckland’s North Shore in 1992 with five decades of experience, we can interpret all the data to ensure you receive New Zealand’s best impartial advice.
Security in Retirement
None of us want to experience undue risk, but Investments and Savings have an inherent risk level attached to them. Investments can go down as well as up so it’s important that you are comfortable with the options available for your Retirement.
For example, there are a number of Kiwisaver Funds from the same provider that invest differently from Cash Funds (low risk bank deposits with low interest) through Conservative (offering a mix of bank deposits and blue-chip shares) to Growth and Aggressive Funds (with a higher proportion invested in Shares).
Risk Profile and Risk Tolerance Questionnaire
LIFE-TIME financial advisors use the industry-leading FinaMetrica tools to understand your comfort level when it comes to investing for your retirement. The essential part of the tool is a questionnaire that interprets your responses and provides a summary of your attitudes towards risk and saving.
This profile, when conducted initially and at intervals, provides you and your Financial Adviser with an understanding of your risk comfort level by providing a Risk Tolerance Score that indicates and the kind of options that might be suitable for you based upon answers to the questionnaire.
At different times in your life, your attitude to risk will vary, so LIFE-TIME consider this tool as an essential component of your ongoing financial health which will guide your Authorised and Registered Financial Advisers in making the appropriate recommendations for you.
The LIFE-TIME Service
Using all of our experience, independent research and your Risk Tolerance Score an Authorised Financial Adviser can provide a complete plan to ensure that you are prepared for a long and comfortable retirement. We provide a local service in Auckland, North Shore, Hamilton & Cambridge (Waikato), Tauranga and Mount Maunganui (Bay of Plenty) as well as throughout the rest of New Zealand using email and telephone.
Request a LIFE-TIME Retirement Road Map
To learn more about our Retirement Solutions, please contact us on 09 418 5000 or 0800 54 33 84. Alternatively, you can complete our Financial Health Check that covers all areas of your finances or complete the form below to request your personalised Retirement Road Map: