Making My Assets Last

We are now living longer in retirement than ever before and the trend is continuing upwards. This presents a challenge to ensure that you are able to remain financially independent for as long as possible. You may also wish to preserve some of your assets for future generations. There are a number of simple rules that can be applied to reduce erosion of your assets and make sure your income needs are met.

Diversify Your Investments

Reducing volatility in your investments can be achieved by diversification - spreading your investments across a wide range of asset classes and investment managers. A MAP Financial Planner can discuss your retirement investment options and help you determine your tolerance to risk to make the most of your investments.

Maximising Returns

When investing for the long term, history shows that growth assets like shares and property have provided consistently higher returns than cash and fixed interest.
A MAP Financial Planner can discuss your expectations of returns and give you good advice on whether it is likely you will achieve your goals with your current investment strategy.

Minimising Fees and Charges

A simple way of increasing your returns on your investments is to reduce the fees you are paying to purchase and manage those investments. Fees such as entry and exit fees, commissions and regularly changing your investments can increase your investment management costs.

At MAP we keep our fees and charges to a minimum. There are no entry or exit fees on MAP Products, MAP Financial Planners are not remunerated by commission, and there is generally no entry fee on the other managed fund investments MAP offers. We can also assist with a Group Fee Discount on superannuation, pension and PST accounts if your and your spouse have combined account totals in excess of $250,000. Contact us to see if you are eligible to receive this discount.

Minimum and Maximum Withdrawal Limits for Pension Payments

If you choose a Superannuation Pension for your retirement income, you can choose flexible payments within the guidelines set down by legislation for drawing down on your pension. A MAP Financial Planner can help you determine how much you can draw down each year within these limits to meet your income needs.

Making the Most of Tax

Keeping your investments in the superannuation environment by investing in a pension Plan may provide you with tax advantages.   A MAP Financial Planner can help explain the benefits of a Pension Plan for reducing tax.