At this stage in your career you may have been working for 30-45 years and be at the top of your career. You are also now most likely to be at the peak earning potential of your life so you need to think about protecting your income and putting the finishing touches on your retirement plan.
To get what you want in life it’s important to plan when you want to retire, and the quality of life you want to enjoy in retirement. If you are 50 and you wish to retire early at 60, that means you have only another 10 years to earn as much as you can to fund your retirement. No matter where you are in your career, planning for your future financial success is essential. And the earlier you start; the better off you'll be in the long run.
Being successful financially isn't just about how much you earn over time - it's about what you do with it. How much you spend, and how much you save and invest have a huge impact on your future lifestyle. It's never too early - or too late - to plan your future. And the great news is you don't need much income to build yourself a wealthier future.
Many people believe that you need to be wealthy to be an investor - but the opposite is true as well. You need to invest to be wealthy.
La Verne Capital T/as SMSF PRO AFSL License Number 482 937 and ABN : 20 609 554 485