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Janet, a 64-year, was approaching retirement. A single parent with four independent adult children, she wanted clarity on whether she could afford to retire, while also navigating complex tax, superannuation and Centrelink considerations.
Client Stories - Retiring Now
Janet’s Retirement Transition
Client Overview
The Challenges Janet Faced Included
- Uncertainty about whether she had enough to retire
- A complex company structure inherited from her divorce, including the family home held in a private company
- Capital gains tax implications from the property sale and company wind-up
- Retirement projections showing a potential shortfall in income using standard superannuation strategies
- Centrelink entitlements not being maximised
Our Solutions Focused On
- Restructuring superannuation by rolling over part of her Super balance into an innovative lifetime income stream, creating an assets test discount to enhance Age Pension entitlements
- Using super contributions to reduce tax
- Staging the sale of company-owned assets across multiple financial years to minimise tax impact
- Utilising a withdrawal strategy from the lifetime income account to progressively reduce Centrelink assessment while maintaining balances in the super environment
- Developing a phased plan to transition from full-time to part-time work, and then to full retirement by the end of 2026
- Providing ongoing reviews and guidance to refine strategies and build Janet’s financial confidence
Where Janet is Now
Janet is now financially confident about retiring by the end of 2026. Her retirement income strategy is structured to provide reliable cash flow well into her 90s, while also maximising Centrelink benefits and preserving investment flexibility. Despite moving to part-time work and funding home renovations, she is ahead of initial projections, giving her peace of mind and a sense of security. Importantly, she now feels in control of her retirement, with a clear roadmap, simplified structures, and ongoing support in place.
These stories are real client stories. For privacy protection, we have changed their name and used an stock image.
