How financial modelling can help retirement planning

People often don't take the time to consider the kind of retirement they want to have, and whether they can afford it. But delaying making a plan will only make things more difficult in the long-run. In this special episode of the Australian Aviation Podcast, Adam Thorn speaks to MGD Wealth's Richard Marsden and Alec Berry to discuss how professional financial modelling can take the guesswork out of enjoying a successful retirement. Richard talks through the questions you should be asking, such as what age can you afford to retire and will my assets maintain my quality of living? Finally, the pair give us some real-life case studies from those in the industry to illustrate how different scenarios can get you successfully to your end goal. The information in this podcast is current as at the date of the recording. Please note that past performance is not an indication of future performance. Any advice included in this podcast is general and has been prepared without taking into account your objectives, financial situation or needs. As such, you should consider its appropriateness having regard to these factors before acting on it. Any tax information refers to current laws, is not based on your unique circumstances and should not be relied on as tax advice. Before you make any decision about whether to acquire a certain financial product, you should obtain and read the relevant product disclosure statement.