In advising many of our valued clients ‘to’ and ‘through’ their retirement journey, you recognise that retirement is not just a financial milestone—it’s a new chapter, an opportunity, poised to create a new life in however you envision it to be. As Australians live longer, healthier lives, the conversation around retirement must evolve. It’s no longer just about having enough money to stop working; it’s about designing a life that supports wellbeing, connection, and meaning well into your 80s, 90s, and beyond.
Having had multiple conversations with many of our clients, I can relate to the work of longevity expert Dr. Peter Attia, who underscores a powerful truth: how we age is, to a large extent, within our control.
This sentiment had me reflect on how we, at Capital Partners, help our clients align their financial strategies with the science of ageing well:
1. Invest in health span, not just lifespan
Dr. Attia emphasises the importance of maintaining strength, mobility, and cognitive function as we age. This needs to be included in our planning conversations—encouraging investment in health just as importantly as you invest in your portfolio. Whether it’s budgeting for a personal trainer, preventative healthcare, or wellness retreats, these are not luxuries—they’re essential components of a fulfilling retirement.
A long-term client, Ray let’s call him, had the unfortunate experience of a nasty fall while overseas on one of his adventures. Fortunately, we correspond frequently during these trips, and we could ensure all his finances and medical bills could be managed over that difficult time. On his return he engaged a personal trainer who he found because of a thorough search for a professional with rehabilitation experience from a broken bone. While a ‘muscle up’ is beyond reach, the progress and general health and mobility he has achieved through body weight calisthenics is a credit to his dedication to investing in his health.
2. Purpose is the ultimate asset
Retirement can be disorienting without a sense of purpose. Engage in some self-reflection and explore what gives your life meaning—whether it’s mentoring, volunteering, travel, or creative pursuits—and ensure your financial plan supports these passions. Purpose fuels longevity, and it should be central to every retirement strategy.
A soon to be retiree called to discuss a potential purchase of a new home. While we had painted the financial picture for her, she felt stuck in making this significant decision regarding her future. We booked a time to catch up and reviewed her original premise of what was most important to her. In life, not just money. Her review of those values almost brought her to tears in realising she was paying herself short in her sense of “adventure” which had given her so much joy over the years. Reconnecting with her values and purpose gave her the confidence to move forward, and into her lovely new residence in the Perth hills.
3. Relationships matter more than returns
Strong social connections are one of the most reliable predictors of long-term wellbeing. That’s why we encourage clients to think beyond the numbers. Are you living close to loved ones? Do you have the time and resources to nurture your relationships? These questions are just as important as the asset allocation of your investment portfolio.
A client came to mind the other day, so in the spur of the moment I gave her a call. We always have a good chat, cover any pressing items and talk about what’s happening in her life. This time she made her excuses, explaining that she was preparing to host some friends for lunch at her home. You could hear the excitement of the moment, capturing her anticipation to connect with her dear friends, for no other reason than to enjoy.
4. Plan for the unexpected
Longevity brings complexity. Cognitive decline, health shocks, and changing family dynamics can all impact your financial future. We need to anticipate these challenges and build resilient plans—addressing estate planning, aged care strategies, and flexible income streams—so you can focus on living well, not worrying.
5. Start now, live better for longer
The best time to plan for a long, healthy retirement is today. Whether you’re in your 40s or already retired, small changes now—financially and personally—can have a profound impact on your future self.
More detail around these conversations can be found in our ‘Talking About Retirement’ podcast from the perspective of a select group of experts:
Episode 1 | The new retirement – Capital Partners
At Capital Partners, we don’t just manage wealth—we help you design a life worth living. If you’re ready to rethink what retirement can look like, we’d love to start that conversation.
Inspired by insights from Dr. Peter Attia, as featured in the Australian Financial Review.
