As a retired self-managed investor, perhaps you have thought about taking a more passive approach to wealth management and protection as you enter this next life stage.
For individuals who have built considerable wealth over a long career, through investing and self-managing their finance, it may be a good idea for you to seek an independent financial advisor to manage your portfolio post-retirement.
Plutus Financial Guidance offer independent financial advice and are here to help you take measured steps towards peace of mind investment management in the later years of life.
Here are a few things to consider when making this decision.
Firstly, getting started on developing your succession plan sooner, rather than later means you have more time and options for diversification and allocation.
Having an idea of what age you would like to engage an independent advisor with your investments is a good start. Some investors might consider doing so in their 60s, getting professional advice on their investment portfolio and financial affairs, others won’t be until a later stage of life.
It’s important to factor in long-term care into your plan, including the possibility of the added costs associated with nursing & aged care. For more information on the topic of aged care financial advice, feel free to head to our blog post on this topic; alternatively, head to the page on our website that outlines our services offered in this area.
We understand that it can be challenging to let go of self-managing your finances, that’s why, when this time arrives, having an independent and gold-certified financial advisor in your corner who you can trust can be an invaluable asset.
If you have found this blog post helpful and would like to learn more about our wealth management services, please feel free to contact the expert team at Plutus Financial Guidance today.