Retirement

That time in your life when you are looking forward to relaxing and taking the time doing all those things you've have been putting to one side due to work. Now is the time for those pursuits, your hobbies that you have so long looked forward to getting into or back into. This is the time for you and your partner not to be worrying about where the money is coming from? Is it invested in the right place? Do we have enough?

Dynamic financial solutions is there to work with you prior to and into retirement to build that portfolio that will give you that peace of mind and comfort that your funds are being looked after and that you can access the funds at any time. That the portoflio are being professionally managed and that you can talk to our advisers whom understand and ensure you understand what and where you portfolio is invested and why.

Below is some of the different pension structure available.

Again if you have any questions please do not hesitate to contact us.

We look forward to your enquiry.

Self-Managed Superannuation

The "do it yourself" superannuation market is one of the fastest growing superannuation sectors in Australia. Self-managed superannuation funds allow individuals or companies to structure their own fund (often in conjunction with other professional advisers) to maintain control of their investments.

Account Based Pension

This type of funds is designed to provide a pension with the flexibility of capital drawdowns. The funds can be invest as that investor see's fit. The pension drawn is determine by the account holder with minimum determined by age and government requirement. That maximum is up to the ivestor.

The Flexibility is also to how often that client draw the funds, ranging from Annually to Monthly. The Account Based Pension, have also been known as Allocated Pension.

Immediate Annuities

An Immediate Annuity allows you to convert money saved for retirement into an income stream. It is an investment that provides a regular income over an agreed period in exchange for a lump sum payment.

Immediate Annuities can be purchased with ordinary money or with superannuation money. If you purchase with ordinary money, annuities may be in single or joint names. Annuities purchased with superannuation must be only in the name of the person who owns the superannuation.

The amount of money required to purchase an annuity depends on current interest rates, the income you want and the features you require. The minimum investment is usually $10,000.

There are three types of immediate annuities:

· Lifetime

the payment continues for the investors' entire life regardless of how long they live. A guaranteed period for a lifetime annuity ensures that the balance of the annuity is paid to your estate upon death, should you die during that period.

· Term Certain

The payment continues for a pre-determined period.

· Complying Annuity

These must be payable for a lifetime and it cannot be withdrawn within six months. You can only index to the lesser of CPI or 5%.

With an immediate annuity the income component of the regular payment is taxed in your hands at the investor's own tax rate. The part that represents a return on capital is not taxed.