Retirement Planning Advisors in
Melbourne

Secure your financial future with tailored retirement strategies from Forward Path Advisory.

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Why Retirement Planning is Important

Planning ahead isn’t just smart but essential. Whether you are preparing to step back from work, or have already retired, a clear retirement plan will:
  • Create reliable income streams to suit your lifestyle
  • Reduce tax on retirement income through smart structuring
  • Balance income and expenses within a realistic budget
  • Keep you calm during market swings and rising prices
  • Protect your wealth and safeguard the legacy you leave behind
Australian retirement landscape is unique. With property values climbing and the cost of living increasing, particularly in healthcare and aged care, many retirees find they need more than just their superannuation to live comfortably. Early planning provides greater flexibility in how you structure your retirement, allocate your assets, and protect against unforeseen circumstances
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How Can We Help

Forward Path delivers a full suite of retirement planning services for every life stage. Our goal is to give you clarity, confidence, and control.

Income Cashflow Planning

We help design sustainable income streams that adapt to your spending needs while preserving capital and flexibility. Our cash flow & budgeting modelling helps you identify the right balance between pension income, Centrelink entitlements, and personal investments to ensure long-term financial stability.

Superannuation and SMSF Advice

Our team guides both accumulation and pension phases. You may hold a retail fund, an industry fund, or an SMSF. We optimise contributions, select suitable funds, set up pensions, and keep you compliant.

Tax-Efficient Strategies

Minimising tax relies on timing and structure. We review options such as recontribution, transition-to-retirement pensions, downsizer contributions, and strategic withdrawals to lower taxable income.

Estate and Legacy Planning

We work with specialist lawyers so your assets pass to loved ones in a tax-effective way. Plans cover binding death benefit nominations, testamentary trusts, and intergenerational wealth transfers. Collaboration with legal partners ensures the plan matches your personal wishes.

Debt Management and Inflation Protection

Debt does not have to spoil retirement. We show how to structure investment or home loans effectively. Portfolios include assets designed to keep pace with inflation so your purchasing power remains intact.

Aged Care and Health

Aged care rules are complex and emotional. We explain RADs, DAPs, means-tested fees, and the impact on pensions and estates. Early preparation prevents rushed choices. Significant rule changes take effect on 1 July 2025, so timely advice is critical.

Our 6 Step Retirement Planning Process

Our 6-step retirement planning process is designed to provide clarity and confidence:
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Understanding your situation

We take the time to understand your financial position and personal circumstances over a 15 minute call.

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Identifying your goals and objectives

In a 45-minute complimentary meeting with one of our advisers, we dive deeper into your goals, priorities, and what matters most to you.

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Analysing your position

We review your current financial position including income, assets, liabilities, superannuation, and insurance to identify key opportunities and risks.

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Preparing your financial plan

We design a personalised financial strategy that aligns with your goals and helps you make informed decisions about your future.

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Acting on our advice

We take care of the implementation process and handle the paperwork to ensure your strategy is put into place efficiently.

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Reviewing your plan

We regularly review your plan to ensure it remains on track and continues to support your evolving needs and goals.

Common Mistakes in Planning Retirement

Even the most successful professionals can make simple but costly errors when planning for retirement. Here are the most common mistakes:
  • Delaying super contributions: Missing out on compounding growth and tax concessions.
  • Overlooking inflation: Not adjusting spending projections for rising costs over time.
  • Inadequate diversification: Holding too much in property or cash and not enough in growth assets.
  • Underestimating life expectancy: Running out of money because of conservative longevity estimates.
  • Failing to review plans: Strategies need to evolve with legislation, markets, and personal circumstances.
  • Reviewing your Super: Many people make the mistake of not regularly reviewing their superannuation or ensuring it’s invested in line with their risk profile. Over time, this oversight can cost thousands of dollars in missed growth or unnecessary losses.
We help you avoid these pitfalls through structured planning, ongoing reviews, and education.
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Frequently Asked Questions

When should I begin retirement planning?

Starting in your 40s or 50s delivers the greatest flexibility, yet useful progress is possible at any age.

The figure depends on lifestyle and savings. We calculate your target income and outline steps to bridge any gap.
Account-based pensions, spouse contributions, recontribution, and moving to tax-free income streams are common solutions.
Self-management is viable, but many clients choose expert oversight for compliance, investment selection, and peace of mind.
An annual review, or any time life or legislation changes, keeps the strategy aligned with your goals and Melbourne’s living costs.

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Our Melbourne team is ready to help you build a secure and fulfilling retirement. Contact us to start your journey with confidence.