Redundancy
Redundancy

The financial decisions around a redundancy can have a big effect on what comes next in your life.

Redundancy can be a stressful and emotional time.

The good news is that you don’t have to face a redundancy alone. Lambourne Partners can help you prepare by explaining the financial implications of each option.  We’re here to guide you through the redundancy process. We’re here to help you make smart financial choices.

Every redundancy is different. One thing they have in common, though, is that getting the right financial advice is crucial for getting into the best position to take advantage of what comes next.

If you’re thinking of taking a voluntary redundancy or are being made redundant, contact Kurt Purkiss on (02) 4969 6600 for an obligation free catch up. It won’t cost you anything.

 

Redundancy Financial Advice

At Lambourne Partners we can help you to:

  • Understand the redundancy payments you may receive and what tax consequences apply
  • Consider the financial issues likely to be relevant to your age and career goals
  • Help you manage your redundancy payments effectively

When you are made redundant and retirement isn’t an option you need to ask:

  • How will I pay the bills and keep putting food on the table until I find another job?
  • Am I planning to work full-time, part-time or work for myself?
  • Do I need to move my superannuation to another fund?
  • How will I meet my home loan repayments?
  • What should I do with any “left over” redundancy pay when I find another job?

If you are planning to retire, there is a different set of questions:

  • Have you accumulated enough retirement savings to support your lifestyle needs?
  • If not, is semi-retirement an option?
  • What is the best way to maximise the return from my savings and investments?
  • Should you use some of your superannuation to pay yourself a pension?
  • Will you be eligible for the Age Pension or other relevant Centrelink benefits?
  • Do you need to review your estate plans?

We can also help you grow your investments, improve your cashflow, manage any debt you may have, and your estate planning needs.

Contact  Kurt Purkiss on (02) 4969 6600 to organise an obligation free catch up.

Redundancy

Let us help you through your redundancy decisions. Download our free Redundancy Brochure and take your first step towards smart financial choices.

Contact Us

Please feel free to reach out to us at any time. Call or use the convenient email link below to submit your questions or book a complimentary assessment.
NEWCASTLE

Level 1, 56 Hudson Street
Hamilton NSW 2303
Google Map

Office (02) 4969 6600
Fax (02) 4969 6655
info@lambourne.com.au

SYDNEY

Level 25, Aurora Place
88 Phillip Street, SYDNEY NSW 2000
Google Map

Office (02) 8313 7071
Fax (02) 4969 6655
info@lambourne.com.au

CONNECT WITH US

Pin It on Pinterest