Financial Adviser Serving Eaglemont
We provide retirement-focused financial advice for Eaglemont households, covering superannuation, retirement planning, investments, cash flow and personal insurance.
Our office is at The Watermans in Bundoora, a short drive north of Eaglemont. We can meet you at home, by secure video, or at our Bundoora office. Your first consultation is free.
- Retirement-focused advice
- Home, secure video or office appointments
- First consultation free
- No obligation
How we help Eaglemont clients
Retirement planning is different from the financial decisions you make while you are working.
For Eaglemont households approaching retirement, we bring your superannuation, investments, spending, insurance and potential Age Pension entitlement into a single plan — and show you what it actually supports.
- Retirement-focused adviceWe specialise in helping people in their fifties and sixties move from building wealth to living on it.
- Based in Bundoora, serving EaglemontOur office is at The Watermans in Bundoora, about twenty minutes' drive north of Eaglemont. We work with clients across Eaglemont, Ivanhoe East, Heidelberg and Rosanna.
- Clear, evidence-based adviceWe explain the reasoning behind our recommendations, model different scenarios and show you the numbers before you make major decisions.
What changes when you retire
Three things reverse at retirement. None are obvious while you are still earning.
Almost all the financial advice you meet across a working life is about building up: contribute regularly, stay invested, ignore the noise. It is sound advice, and it stops being enough the day you start drawing money out.
Markets falling early on
While you are contributing, a fall can even help — you buy in at lower prices.
Once you are withdrawing, money taken out during a downturn never participates in the recovery.
The tax position changes
Through your working life the concessions are on the way in.
In retirement the focus shifts toward how income is generated and how withdrawals are structured.
Your assets get counted
Everything you hold becomes relevant to what the government will and will not pay you.
The family home is generally exempt, though homeowners and non-homeowners face different thresholds.
Eaglemont: settled homes, self-funded retirement and time for others
Eaglemont is an established, high-income suburb. Almost half of homes are owned outright, against about a third across Victoria, and more than four in ten have four or more bedrooms.
Residents are older than average. People aged 55 to 74 make up more than a quarter of residents, against about one in five statewide. Many work, or worked, as professionals and managers, and more than usual in accounting and law.
People here also give a lot of time. Almost one in five adults cares for someone who is ill or older, and almost one in five volunteers — both well above the Victorian rate.
Figures from the Australian Bureau of Statistics 2021 Census.
If you are retiring on your own savings
Many people here will not get the Age Pension, but may still qualify for the Commonwealth Seniors Health Card. It is based on income, not assets, and gives cheaper medicines. Details are on the Services Australia site.
Once you start a super pension, you must draw at least a minimum each year, set by your age. The rates are on the ATO site.
We plan how much to draw, from which account, and in what order, so your savings last and your tax stays low.
What Eaglemont households worry about
These come up again and again at this stage. None of them require you to have anything sorted out beforehand.
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We're self-funded. Is there anything from the government for us?
Possibly. The Commonwealth Seniors Health Card is based on income, not assets, so many self-funded retirees qualify. Details are on the Services Australia site.
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Should we start a super pension now, or leave it where it is?
It depends on your age, whether you have stopped work and what you need to draw. We compare both before you move anything.
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We help look after Mum and the grandkids. How do we plan around that?
We look at the time and money it takes, and build it into your plan, so helping family does not put your own retirement at risk.
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We'd like to give more to causes we care about. How do we do it well?
We work out what you can give without putting your own plan at risk, and look at how to do it tax-effectively with your accountant.
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I have super in three or four places and no idea which is any good.
We check the fees, performance, holdings and insurance in each one, and only combine them where it genuinely helps. Find every account in your name through myGov.
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I don't know who to trust. Everyone seems to be selling something.
Fair. What you can check: our licence on the ASIC register, a fee in writing before any work begins, and no product recommended in a first meeting.
What we do
What we advise on
We provide retirement-focused financial advice for people in their fifties and sixties across Melbourne, covering superannuation, investments, cash flow and personal insurance.
The practice is built around one transition — the shift from building wealth to living on it. That is a different problem from the one you have been solving for thirty years, and it is the only problem we work on.
Superannuation & retirement planning
What you hold, what it costs, and whether it supports the retirement you have in mind
Investment Advice
Portfolios built from your withdrawal timetable rather than a risk questionnaire
Life Insurance Advice
What still needs protecting now, and whether cover belongs inside super or outside it
Cash flow & budgeting
What you actually spend, which is what every retirement projection rests on
Hear From Our Clients
"My husband and I have been with Plan My Wealth since our retirement and have found all those we have had dealings with to be professional and friendly. They make us feel welcome and take the time to explain what we see as complex processes to make it easy to understand and follow. Great team."
"Highly recommend Manny, he was very knowledgeable and took time to explain everything so I could understand, he made me feel like a valued client rather than just a number."
"Working with Manny has been an excellent experience. He's professional, friendly, and takes the time to make complex financial matters easy to understand. His guidance has given me real confidence in managing my finances. I highly recommend him to anyone looking to take control of their financial future."
Financial advice for Eaglemont
If you are approaching retirement and are unsure whether your current arrangements will provide the retirement you want, the first step is understanding where you stand. No cost. No obligation. Just an honest conversation about your position and whether advice could be useful.
Eaglemont is about twenty minutes from our Bundoora office.
Areas we serve near Eaglemont
Eaglemont sits in the City of Banyule, south of our Bundoora office. We work across it and every suburb around it.
You do not have to travel to us
Wherever you are in Melbourne's north, we can meet three ways.
At your home
We can come to you. For many people approaching retirement it is the simplest option, particularly when the paperwork is already there.
By secure video
Everything runs through cloud-based systems, so a video meeting covers the same planning and modelling as an in-person one.
At the Bundoora office
The Watermans, Level 2, 1/3 Janefield Drive, with parking on site. There if you want it, never required.
Not seeing your suburb? See every area we serve.
Questions answered
Frequently
Asked Questions
Questions Eaglemont households ask most often, and a few about how we work. If yours is not here, ask us — the answer usually takes a minute.
Are you actually based in Eaglemont?
No. Our office is at The Watermans, Level 2, 1/3 Janefield Drive, Bundoora — north of Eaglemont, about twenty minutes away. We can meet at your home, by secure video, or at the office.
We would rather say that plainly than imply otherwise.
Do I have to travel to your Bundoora office?
No. We can meet at your home in Eaglemont, by secure video, or at the office — whichever suits you.
What is the Commonwealth Seniors Health Card?
It is a concession card for people of Age Pension age who do not get the Age Pension. It is based on income, not assets, and gives cheaper medicines and some other concessions. Details are on the Services Australia site.
We check whether you qualify and how your super pension affects the income test.
Are payments from a super pension taxed?
For most people aged 60 and over, payments from a super pension are tax free, and the earnings inside the pension are not taxed either.
Some older public sector schemes work differently, so we check your fund before we plan around it.
How much do we have to draw from our super pension?
There is a minimum each year, set as a percentage of your balance based on your age. The current rates are on the ATO site.
The minimum is not always the right amount. We work out what you can safely draw, and in what order, across all your accounts.
We're already retired. Is it worth getting advice now?
Yes. How much you draw, from which account, how your money is invested and how it passes on all still matter.
We start from where you are now.
Should we downsize from the family home?
That is two questions — whether the move suits you, and whether it improves your financial position. They do not always agree.
Financially, the things to weigh are what the sale would net after costs, where the proceeds would sit, what that does to your tax, and whether any of it can go into super. Downsizer contribution rules are on the ATO site.
Does our Eaglemont home count toward the Age Pension?
While you live in it, your home is generally exempt from the assets test. It can still affect the overall outcome, because homeowners and non-homeowners are assessed against different thresholds.
Current thresholds are published by Services Australia.
Do you work with people in Ivanhoe East, Ivanhoe, Heidelberg and Rosanna?
Yes, along with Viewbank, Heidelberg Heights, Alphington and Bundoora.
Ivanhoe East, Ivanhoe, Heidelberg, Rosanna and Viewbank each have their own page.
We also advise clients across Melbourne and Australia-wide by secure video.
What happens after I get in touch?
We will get back to you within one business day to arrange a time. The first meeting runs about an hour and can take place at your home, at the office, or by video.
If advice would be useful, we send you a written scope and a fixed fee afterwards. Nothing to sign on the day.
What does financial advice cost?
The first meeting is free and carries no obligation. If advice would be useful, we send you a written scope of work and a fixed fee afterwards, and you decide whether to proceed.
Fees are set by the complexity of the work rather than the size of your balance. Our fee arrangements are set out in our Financial Services Guide.
I have several old super accounts. Should I combine them?
Not automatically. Combining accounts can remove duplicate fees and simplify your finances, but closing an account can also cancel insurance held inside it.
We assess each fund first and check the insurance before recommending whether anything should move. You can see every account in your name through myGov.
How do I confirm an adviser is properly licensed?
Search the ASIC Financial Advisers Register by name or authorised representative number. It shows qualifications, licensee and advice history, and it is free to use.
Manny Tran's authorised representative number is 423115.