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ISSUE 121 SEPTEMBER 2025
BREAKING THE CHAINS
PRACTICAL STEPS TO ELIMINATE
DEBT BEFORE RETIREMENT depositphotos.com
BY WEALTH ADVISER
INSIDE Introduction: The Impact of Debt on Retirement Wellbeing
For many Australians, the vision of retirement conjures up images of relaxation, free-
1 Breaking the Chains: Practical dom, and well-earned peace of mind. Yet, for an increasing number of retirees, the reality
Steps to Eliminate Debt Before includes an unwelcome companion: debt. While many Aussies will carry some debt into
Retirement
retirement, the good news is, there are a number of things you could do now while you’ve
4 Rethinking Retirement: still got time on your side and earning an income. The growing prevalence of retirees car-
How Much Is Enough for rying mortgages, personal loans, or credit cards into retirement is a pressing concern, often
a Fulfilling Future?
leading to stress, reduced lifestyle choices, and even the necessity to delay retirement itself.
7 Navigating Deeming Rates: Recent research confirms this trend: 28% of Australians approaching retirement (aged
Strategies for Building Wealth 50 to 64) hold a mortgage, while 14% of current retirees still have mortgage debt. The
and Security in Retirement
psychological and practical implications are significant. As one expert notes, a lot of us get
10 Q&A: Ask a Question caught up in the day-to-day, and don’t set aside the time to plan for retirement properly – so
BEFORE YOU GET STARTED
This Wealth Adviser publication is published by Wealth Today Pty Ltd Information in this document is no substitute for professional financial
(AFSL 340289), Sentry Advice Pty Ltd (AFSL 227748), Synchron Advice advice.
Pty Ltd (AFSL 243313) and Millennium3 Financial Services Pty Ltd (AFSL We encourage you to seek professional financial advice before making any
244252) and contains general and factual information only. investment or financial decisions.
Before acting on any information contained herein you should consider if In any circumstance, before investing in any financial product you should
it is suitable for you. You should also consider consulting a suitably qualified obtain and read a Product Disclosure Statement and consider whether it is
financial, tax and/or legal adviser. appropriate for your objectives, situation and needs.

