Many women are being left behind in terms of saving for a comfortable retirement and a new survey just confirms what we already suspected and that is that women are likely to retire on 40% less than their male counterparts. 

Spread the word

We know that part of the problem is lack of access to quality advice. We see that many of our female client’s are great at planning and budgeting towards a goal if they are helped set a plan in place. We know they focus on the targets and see the pride and often relief in some cases as their funding for a predominantly self-sufficient retirement improves annually.

In recognition of international women’s day, we would ask you to help us generate awareness about the importance of planning, superannuation and the amount of savings women will need in retirement. An average single woman in Sydney will require about $43,372 per year for a comfortable lifestyle in retirement (ASFA Retirement Standard Sept 2016). For a couple that figure rises to $59.619 per year.

As Financial Planners we have the knowledge of the system and ability to change these statistics, but with only 1 out 5 people seeking advice we know the opportunity make a difference is being missed by many.

All we are asking is that if you have friends or family that you think may benefit from our help that you consider referring them to us for a Free financial Health Check. Think would your friend / daughter / niece benefit? There is no obligation on their part to go any further unless they feel we can add value.

For our part we are trying to be more flexible in terms of availability and happy to meet female clients face to face, via Skype, over the phone or during their lunch break at a local coffee shop if they cannot get to our office. We approach the initial conversation from a viewpoint of how to make the system work for them and guide them through the jargon.

We know that to a large extent the lower superannuation balances held by women results from women taking time out from their careers to raise a family or to look after aging parents. We show how using super splitting, co-contributions, spouse contributions during those periods can help maintain a woman’s progress towards a stable financial future. Check out some of our articles on this Working mothers: Split your super and How much do I need to live comfortably in retirement?

So as mentioned above if you feel we can add value to a female friend or family member then please point them in our direction via www.verante.com.au or by phoning 02 9894 1844. Better still, for those who you feel may be reluctant please bring them with you to see us for a coffee and a chat.

Good advice should not be a secret. Share it!

Not a client? Are you looking for an advisor that will keep you up to date and provide guidance and tips like in this blog? Then why now contact me at our Castle Hill or Windsor office in Northwest Sydney to arrange a one on one consultation. Just click the Schedule Now button up on the left to find the appointment options.

Liam Shorte B.Bus SSA™ AFP

 SMSF Specialist Advisor™ & Financial Planner

Tel: 02　8853 6833,  Mobile: 0413 936 299

liam@verante.com.au

PO Box 6002 BHBC, Baulkham Hills NSW 2153

 Liam Shorte is a partner in VERANTE Financial Planning, Corporate Authorised Representative of Genesys Wealth Advisers Limited, Licence No 232686, Genesys Wealth Advisers Limited ABN 20 060 778 216 • AFSL No.232686

Important information :

The information in this article is provided for illustrative purposes only and does not take into consideration your personal circumstances. You are encouraged to seek financial advice suitable to your circumstances to avoid a decision that is not appropriate. Any reference to your actual circumstances is coincidental. Genesys and its representatives receive fees and brokerage from the provision of financial advice or placement of financial products.,