We asked our current clients over the age of sixty if they paid more for their last car than their first house. When they get over the shock of realization, we explain to them that salaries and wages tend to keep pace with inflation. But retirement income is often fixed and does not keep pace with inflation.

Rising prices keep rising even though income remains fixed. Too many people can’t sustain a desirable lifestyle in retirement. Work stops. Expenses don’t. That’s exactly why they need a financial plan that must remain in effect for all their lives. A financial plan is a process, not an event.

Do you think you need help planning and keeping track of your financial future? The team at Finstyle are always here to help. Get in touch with us via the contact page or give as a call on 03 8414 0290.

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