Financial Adviser Serving Glenroy
We provide retirement-focused financial advice for Glenroy households, covering superannuation, retirement planning, investments, cash flow and personal insurance.
Our office is at The Watermans in Bundoora, east of Glenroy. 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 Glenroy clients
Retirement planning is different from the financial decisions you make while you are working.
For Glenroy 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 GlenroyOur office is at The Watermans in Bundoora, about twenty-five minutes' drive east of Glenroy. We meet clients at home or by secure video across Glenroy, Pascoe Vale, Fawkner and Hadfield.
- 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.
Glenroy: a diverse suburb with many older parents
Glenroy is one of the most diverse suburbs in Melbourne’s north. About half of residents were born overseas, and more than half speak a language other than English at home.
It is a younger suburb overall, with a median age of 34. But it also has more residents aged 80 and over than across Victoria.
Residential aged care employs about twice the state share of working residents.
Figures from the Australian Bureau of Statistics 2021 Census.
If you’re helping a parent with their money
Many people in their fifties end up handling paperwork for a parent in their eighties — Centrelink letters, bank accounts, bills and, sometimes, aged care.
Centrelink lets a parent name you as a nominee, so you can deal with them on your parent’s behalf. Services Australia explains how someone can act for you.
For wider financial decisions, your parent may need an enduring power of attorney, made while they can still decide for themselves. Victoria Legal Aid explains powers of attorney. We help with the financial side and work alongside your solicitor.
What Glenroy 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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Mum gets letters from Centrelink she doesn't understand. Can I deal with them for her?
Yes, if she names you as her nominee. You can then speak to Centrelink and manage her details. Services Australia explains how.
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Dad is in his eighties. What happens if he can no longer make decisions?
Without an enduring power of attorney, the family may need to apply to VCAT to manage his affairs. It is easier to set one up while he still can. Victoria Legal Aid explains the options.
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If Mum moves into aged care, what will it cost, and what happens to her pension?
It depends on her income and assets, including the family home. We work out the fees and the effect on her pension before any decision is made. My Aged Care explains the means assessment.
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I'm looking after my parents and still trying to plan my own retirement. Where do I start?
With both at once. We look at your parents' needs and your own super, debts and timing, so helping them doesn't put your retirement at risk.
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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 Glenroy
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.
Glenroy is about twenty-five minutes from our Bundoora office.
Areas we serve near Glenroy
Glenroy sits in the City of Merri-bek, west 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 Glenroy 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 Glenroy?
No. Our office is at The Watermans, Level 2, 1/3 Janefield Drive, Bundoora — east of Glenroy, about twenty-five 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 Glenroy, by secure video, or at the office — whichever suits you. We can also meet with you and your parent together.
What is a Centrelink nominee?
A nominee is someone your parent authorises to deal with Centrelink for them. A correspondence nominee can receive letters and handle their Centrelink business. A payment nominee can receive their payments. Services Australia explains both.
Is a Centrelink nominee the same as a power of attorney?
No. A nominee covers Centrelink only. An enduring power of attorney lets you make financial and legal decisions more broadly, such as banking or selling property. Victoria Legal Aid explains powers of attorney.
Many families need both.
When should my parent make an enduring power of attorney?
While they can still understand and make the decision. Once that capacity is lost, it is too late, and the family may need to apply to VCAT instead.
Can you help us understand aged care costs?
Yes. Aged care fees depend on a means assessment of your parent's income and assets. My Aged Care explains the assessment. We work out the likely fees, how to pay them and what happens to the family home and pension.
Can you meet with my parent if English isn't their first language?
Yes. A family member can join the meeting to help, or we can arrange an interpreter. We take our time and make sure everyone understands before anything is decided.
Will helping my parents affect my own retirement?
It can, in time and in money. We plan for both, so you can see what you can afford to give and still retire when you want to.
Do you work with people in Pascoe Vale, Fawkner, Coburg and Hadfield?
Yes, along with Oak Park, Gladstone Park, Broadmeadows and Bundoora.
Pascoe Vale, Fawkner and Coburg 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.