Determining the appropriate investments for your retirement years is an important decision, as one of the biggest risks facing you is longevity risk. This is the risk of you outliving your savings. Longevity issues arise as you enter retirement, generally with a fixed amount of money to fund your retirement years (either in the form of a lump sum or pensions), but with no idea of how long you will live and, therefore, no idea how long your money needs to last.
Sources of retirement income
One key factor in retirement is to ensure that you diversify your investments. Your retirement income can come from a range of sources including:
- income from your superannuation
- investments outside of your superannuation such as shares, investment property or managed funds
- part-time employment
- the age pension
- selling your family home
To learn more about investments, take a look at our range of helpful guides and tools.
Many people are now actively choosing responsible and ethical options for their savings and investments. Responsible investments takes into account environmental, social, governance (ESG) and ethical issues. We offer responsible investment options through our broad range of investment solutions and see it as an important part of our advice process.
We have Responsible Investment Association Australasia (RIAA) certified advisers available who can help incorporate responsible investment options into your overall financial plan.
How we can help you
At Shadforth, we can help you structure your investments to ensure you have a sustainable income stream. We do this by using the appropriate strategies available to provide you with long term solutions.
Contact us today and let's discuss how our investment services can be tailored to suit your retirement needs.