As independent financial planners based in Melbourne, we’ve seen a growing trend: more people in their 50s are seeking advice not just for retirement—but for financial independence. They’re not necessarily ready to stop working, but they want to know they could if they chose to. If this sounds like you, read on.
Why “Financial Independence” Matters More Than “Retirement”
Traditional retirement planning has long been about stopping work at 65 and living off super and savings. But a new wave of Melbourne professionals—corporate employees, small business owners, and medical specialists—are asking something different: “When can I choose how I spend my time, regardless of income?”
That’s the essence of financial independence. And it requires a different kind of planning.
Common Challenges We See in Clients Aged 50–60
- Complicated Superannuation Structures: Multiple accounts, legacy products, or neglected old funds can hinder performance.
- Investment Inertia: Many portfolios haven’t been reviewed in years and are either too conservative or too aggressive for this life stage.
- Unclear Retirement Number: Clients often ask, “How much is enough?” without knowing how to model their needs.
- Family Support & Inheritance: From adult children still living at home to planning for aged care for parents, these years are financially complex.
- No Clear Exit Strategy: Many professionals are unsure how to transition out of high-pressure roles without sacrificing their lifestyle.
What a Financial Planner Can Do Differently at This Stage
As an independent financial planning firm, we offer advice that’s not tied to any bank or product provider. That means we can truly personalise strategies to fit your goals, not a sales target.
Some of the key areas we focus on for clients in their 50s:
- Superannuation Optimisation: Including concessional contributions, tax-effective strategies, and fund consolidation.
- Transition-to-Retirement Strategies: Helping you reduce work hours without reducing your income.
- Cashflow Forecasting & Lifestyle Modelling: So you can see what financial independence looks like for you.
- Tax Planning Before Retirement: For business owners or employees approaching retirement.
- Estate & Legacy Planning: Making sure your wealth benefits those you care about—tax effectively.
Local, Personalised Support in Melbourne
We know the local landscape—property prices, cost of living, government benefits, and even suburb-specific trends. Whether you’re in Brighton, Doncaster, Mornington, or the CBD, we tailor strategies that suit your lifestyle and location.
Why Work With an Independent Financial Planner?
Unlike institutionally-aligned firms, we don’t earn commissions on products. Our advice is fee-based, transparent, and 100% in your best interest.
We’re self-licensed, experienced, and committed to helping our clients live life on their terms.
Take the First Step
If you’re over 50 and want to know when you can afford to stop working—or just slow down—we invite you to book a Complimentary Financial Discovery Call.
General Advice Disclaimer
The information contained on this website has been provided as general advice only. The contents have been prepared without taking account of your objectives, financial situation or needs. You should, before you make any decision regarding any information, strategies or products mentioned on this website, consult your own financial advisor to consider whether that is appropriate having regard to your own objectives, financial situation and needs.