Australians refocus on retirement
Australians aged over 55 have refocused on their retirement, according to specialist self-managed superannuation fund (SMSF) advisory firm Crowe Horwath.
The company head of superannuation and SMSF, Susie Salmon, said the company's advisers had been having more discussions about retirement strategies than since the start of the global financial crisis.
"Clients aged over 55 are again ready to engage with advisers, plan and seek advice on retirement strategies," she said.
"This is markedly different to the last five years where most conversations have been focused on capital preservation.
"The last few years have been difficult for SMSF trustees, concentrating on rebuilding the capital base of their funds. This focus on re-accumulating funds lost during the GFC has led to many trustees not having the time to properly plan their portfolios for retirement," she said.
Originally published by SMSF Essentials.
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