Financial affairs/experts
Hi, I receive the newsletter, which is usually informative, my question is, where can you go for an independent evaluation of you retirement options, before you have a meeting with Centrelink.
In other words I may need to put my financial affairs in order , rather than find out the hard way, I should have done this or that, but now its to late, etc etc.
I'm talking about being pro active, rather than being re active, and I’m not talking about receiving financial investment advice.
I have to tell you , most financial advisors are not retirement benefits experienced, they make their monies from commissions on investments, and the workings of Centrelink , are seriously complicated.
What do your other subscribers do? What is their experience?
Regards,
Kevin
Hi Kevin - this is a hard one, but congratulations on thinking about it now. Do you have any friends who have been down this path? Find out where the potholes are and just gather as much information from others as possible. Write down the information and then sort it all out into "really important" right through to "useful information but not vital". Once you are armed with as much knowledge as possible, then is the time to go looking for unbiased assistance and advice. C.O.T.A. (Council on the Ageing) often have access to advisers to assist with retirement planning, who are independent of banks, institutions etc. C.O.T.A. has offices in every State and Territory, so just check with them. It won't cost you anything to ask.
Good Luck