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Understanding the difference between a growth asset and an income asset Retirement planning can be compared to farming. As an example, let us take a citrus farmer with orange orchards. The farmer must first have sufficient land (capital), where he needs to maintain a careful balance between young (growth) and mature (income) trees. He needs to maintain a careful balance between young and mature trees. While the young trees must be nurtured to produce fruit in years to come; the mature trees produce fruit which generates cash to sustain the farm. If the farmer gets the balance wrong he will be in trouble. Investing for retirement is no different. A balance between the two asset classes is required to maintain a comfortable retirement. Investing for retirement is no different. A balance between the two asset classes is required to maintain a comfortable retirement. Retirement planning is an ongoing process and takes years of hard work to bear fruit. Once a plan reaches fruition, you will be rewarded for many years to come. You can now sit back and enjoy the fruits of your labour. We provide the following services to our clients:
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