Retirement Advice for Northern Beaches Locals
Retirement is one of life’s biggest transitions, and getting the financial side right can make a significant difference to your confidence and lifestyle.
At 23 Beaches Financial Planning, we specialise in helping people approaching retirement and those already retired. We work with clients across the Northern Beaches to simplify complex financial decisions and provide clear, practical advice that helps them retire with confidence.
Whether you’re planning to retire in the next few years, have recently stopped work, or are already enjoying retirement, we can help you understand your options and make informed decisions about your future.
We offer an initial meeting to understand your circumstances, discuss your goals and determine whether we can add value.
How We Help
Retirement Planning
Retirement planning is about much more than simply accumulating superannuation.
We help you answer the important questions:
- Can I afford to retire?
- When can I retire?
- How much can I safely spend each year?
- Will my money last throughout retirement?
- What is the most tax-effective way to draw income?
- How do I structure my assets for future generations?
Our goal is to provide clarity, confidence and a practical roadmap for your retirement years.
Superannuation & Retirement Income
For many Australians, superannuation is one of their largest assets.
We help clients make the most of their super through:
- Contribution strategies
- Pension commencement strategies
- Transition to Retirement (TTR) strategies
- Investment reviews
- Tax-effective retirement income strategies
- Superannuation consolidation
- Retirement cashflow projections
Retirement is often the point where your super changes from a savings vehicle into your primary income source. Making the right decisions during this transition can have a significant impact on your long-term financial security.
Self Managed Super Funds (SMSF)
We can also assist clients in determining whether a Self-Managed Super Fund (SMSF) may be appropriate for their circumstances and work alongside our accounting team to provide ongoing SMSF administration, compliance and reporting support.
- SMSF suitability and strategy advice
- Contribution strategies
- Pension commencement strategies
- Transition to Retirement (TTR) strategies
- Investment reviews
- Tax-effective retirement income strategies
- Superannuation consolidation
- Retirement cashflow projections
Investment Advice
Your investment strategy should support your retirement goals, income needs and comfort with risk.
We help clients build and manage diversified investment portfolios designed to:
- Generate retirement income
- Preserve capital where appropriate
- Manage investment risk
- Support long-term lifestyle objectives
- Provide flexibility as circumstances change
Our focus is on creating investment solutions that align with your personal goals rather than chasing short-term market movements.
Centrelink & Age Pension Strategies
Understanding Centrelink and Age Pension rules can be challenging.
We help clients navigate:
- Age Pension eligibility
- Asset and income tests
- Downsizing strategies
- Gifting rules
- Retirement income planning
- Strategies to improve Age Pension outcomes where appropriate
Even small improvements can make a meaningful difference over the course of retirement.
Downsizing & Lifestyle Planning
Many retirees find themselves asset-rich but lifestyle-poor, with significant wealth tied up in the family home.
We help clients evaluate:
- Downsizing opportunities
- Downsizer contributions
- Retirement cashflow impacts
- Centrelink considerations
- Investment opportunities
- Legacy planning outcomes
For many families, a carefully planned downsizing strategy can improve retirement lifestyle, increase flexibility and create opportunities to assist future generations.
Aged Care & Later Life Planning
As we get older, financial decisions can become more complex.
We assist families with:
- Aged care funding strategies
- Accommodation payment decisions
- Asset structuring
- Cashflow planning
- Estate planning considerations
Our aim is to help families make informed decisions during what can often be an emotional and stressful period.
Personal Insurance
While retirement planning is our primary focus, protecting your financial future remains important.
We provide advice on:
- Life insurance
- Total and Permanent Disability (TPD) insurance
- Trauma insurance
- Income protection
Appropriate insurance can provide peace of mind and help protect your family and financial objectives.
Legacy & Estate Planning
For many people, retirement planning isn’t just about ensuring their own financial security.
It’s about the opportunities, support and legacy they leave for future generations.
Many retirees reach a point where they begin asking:
- How can I help my children and grandchildren?
- Should I pass wealth on now or later?
- What legacy do I want to leave behind?
- How can my wealth make a meaningful difference to my family?
A well-planned legacy goes beyond simply having a will in place. It involves making thoughtful decisions about how your wealth can support the people and causes that matter most to you, while maintaining your own financial security and lifestyle.
We work alongside legal professionals to assist with:
- Estate planning strategies
- Wealth transfer planning
- Family gifting strategies
- Superannuation death benefit considerations
- Beneficiary reviews
- Tax-effective wealth transfer
- Downsizing and legacy planning
Sometimes the greatest gift isn’t what your family receives one day. It’s the opportunities and support you can provide while you’re still here to see the difference it makes.
