This is a complex question, as no one size fits all. A good indication is to start with your budget, how much income do you need? We can then work out what investments you need to generate your desired income. We consider a variety of questions based on what stage of life you are in:

• Do you have enough investments currently to meet your ideal income? And if not, what can be done?
• Should you take on more risk in your portfolio?
• Should you delay retirement?
• Is the plan to live in your existing home or downsize?
• Have you maximised your age pension entitlement?

What you invest in depends on your financial goals and needs. You must consider how long you can invest before requiring a return, what figure you need as a minimum return and a number of other factors.

There are safer investments that require long-term commitments and take longer to provide a return, and higher-risk investments that don’t guarantee a return but may provide a larger return more quickly.

The safest investments with the best returns depend on the economic climate and financial circumstances. All investments come with a certain level of risk, however there are investments that are deemed “safe” such as Government bonds, shares in big companies, property investments and savings accounts with high interest rates. We can help you assess your investment options and financial goals to find the best option for you.