Professional Investment Services

Retirement Planning?

Retirement planning is a topic that threatens to send many people to sleep. But when you look at retirement as a potential two or three decade period at the end of your life, where you will have total freedom to do whatever you like within reason, it seems ridiculous to just leave it to fate. Stopping full time work permanently may seem like such a distant dot on the horizon – there’s always something on, mortgages to pay, children to rear and then get through university – but life may be slightly dull – the state pension may not keep you in the habit to which you are accustomed. A single person has $277 a week to live on and a couple has $426 a week – not much left over for holidays.”The whole idea about retirement planning is to develop enough other assets that in the future can generate a regular income [rent, dividends, interest] that will replace your work income,” says Spicers Wealth Management senior financial adviser Jeff Matthews. Goal setting in writing Ideally you should start retirement planning in your 20s, but most twentysomethings have other things on their mind. Not many in their 30s give it much mind space either but by the time your 40th birthday comes around, it should be a “real wake-up call”, says author of Twenty Good Summers and wealth coach Martin Hawes. The first step all financial advisers will ask you to take is to set out some goals. Do you want to retire when you are 65 and go and live on a Greek island or do you want...

Retirement Planning

Retirement planning is a topic that threatens to send many people to sleep. But when you look at retirement as a potential two or three decade period at the end of your life, where you will have total freedom to do whatever you like within reason, it seems ridiculous to just leave it to fate. Stopping full time work permanently may seem like such a distant dot on the horizon – there’s always something on, mortgages to pay, children to rear and then get through university – but life may be slightly dull – the state pension may not keep you in the habit to which you are accustomed. A single person has $277 a week to live on and a couple has $426 a week – not much left over for holidays.”The whole idea about retirement planning is to develop enough other assets that in the future can generate a regular income [rent, dividends, interest] that will replace your work income,” says Spicers Wealth Management senior financial adviser Jeff Matthews. Goal setting in writing Ideally you should start retirement planning in your 20s, but most twentysomethings have other things on their mind. Not many in their 30s give it much mind space either but by the time your 40th birthday comes around, it should be a “real wake-up call”, says author of Twenty Good Summers and wealth coach Martin Hawes. The first step all financial advisers will ask you to take is to set out some goals. Do you want to retire when you are 65 and go and live on a Greek island or do you want...

What is the financial planning process?

Financial Planning is a process, it is a confusing and often daunting process for many people however it is a process that we deal with every day and we work hard to ensure our clients are kept informed every step of the way We have quality procedures in place to ensure we fully understand your current financial situation, goals and dreams. Our process differs from others in that we carefully analyse your complete financial position in terms of understanding your goals and needs, while highlighting your financial planning issues, all without cost or obligation, ensuring you have time to arrive at an informed decision to employ our services. We regularly review your situation to keep your informed and to build the client relationship we consider so important. Our system brings into clear focus precisely what is realistically feasible. The fact that we do this at no cost initially is testament to the fact that we retain our clients for the long term. Building wealth is one thing but what’s the point if you don’t have personal goals and dreams as well. The Financial Planning Process is made up of 6 steps. 1. Find a Professional Investment Services Wealth Coach Contact your local Professional Investment Services Office and a registered Wealth Coach near you will be in touch to arrange the initial consultation. 2. Checklist: Preparing for the first interview Prior to the first interview, it is recommended you consider your financial and lifestyle objectives for the short, medium and long term. These may include: *Wealth creation *Savings capacity *Income requirements present & future *Retirement planning *Lifestyle needs In addition,...

What Services Can You Provide?

At Professional Investment Services we can provide a comprehensive range of services that will ensure you, our client is cared for in the manner you expect. The following is a list of our services. We are also strategically placed to introduce you to other industry professionals who may be of assistance to you should the need arise. * Financial Planning * Budgeting * Wealth Creation * Investment Planning * Cash Management * Loan Facilities * Debt Structuring * Debt Management * Debt Consolidation * Insurance Services * Retirement Planning * Superannuation * Stock Broking Facilities * Tax Planning Strategies * Estate Planning * KiwiSaver * Portfolio Construction * Real Estate Investment...