Financial Advisors in Melbourne, Australia
Financial Adviser in Melbourne
& for Retirement and Over-50s
Wealthlab is a Melbourne-based financial planning firm that advises Australians aged 50 and over on retirement, superannuation and Age Pension strategy. We work with people across Melbourne , with advice delivered online so you can plan from wherever suits you.
If you are approaching retirement in Melbourne, you have spent decades building super and, for many people, a home and other assets. The job now is turning that into a clear, sustainable retirement income. That is what we do, in plain language, without the jargon.
Financial Advisors in Melbourne
Financial Planning in Melbourne That Fits the Way You Live
Melbourne retirees are not all in the same position. Some own a home outright in the middle-ring suburbs and have modest super. Others have built larger balances plus an investment property. What most people share as retirement gets closer is a set of practical questions:
- How do I turn super and other assets into a reliable income?
- How much can I actually spend without running out?
- Will I get any Age Pension, and when?
- How do I reduce tax once I stop working?
These are the questions we work through every day with people across Melbourne, from the inner suburbs to the outer east and the bayside. We do it online, so you can text your adviser and get a real answer back, without having to book time off or sit in traffic.
Financial Planning in Melbourne
Wealthlab is your expert financial planning partner in Melbourne.
A Strategic Retirement Framework for Melbourne Clients Aged 55–65
For many people aged 55 to 65, moving from building super to drawing an income is the biggest financial transition of their lives. In a personal advice engagement we look at:
- Superannuation positioning. Structuring your super for the retirement phase, including pension commencements and tax-efficient income.
- Contribution strategies. Making the most of concessional and non-concessional contributions before retirement, where you are eligible.
- Retirement income structuring. Balancing account-based pensions, other investments and the Age Pension into steady income.
- Age Pension planning. Working out eligibility and timing under the assets and income tests.
- Cashflow modelling. Mapping realistic scenarios so you can see how long your money could last.
Every recommendation is documented in a written Statement of Advice, with our fees disclosed upfront in our Financial Services Guide.
Comprehensive Financial Services in Melbourne
From retirement planning to wealth management, we provide tailored solutions for your financial future in Melbourne.
Strategic planning to help you retire up to 5 years sooner with confidence and financial security.
Optimise your super strategy to maximise growth and minimise tax obligations.
Pension & Centrelink
Age Pension strategy, assets test optimisation, and Centrelink structural advice to get every dollar you qualify for.
Our senior advisers have 25+ years of combined experience. They’ve helped hundreds of Australian families retire with confidence.
Scott Jackson
Founder of Wealthlab and a Senior Financial Adviser since 2012. Scott’s background in economics and 12+ years of advice experience give him the ability to see the full picture and build strategies that actually work.
Outside work: Brazilian jiu-jitsu and a whippet named… the whippet.
Phil Sproule
13+ years in the industry, from managing adviser teams to coaching the next generation. Phil’s real passion is working one-on-one with families, helping everyday mums and dads plan for the retirement they deserve.
Outside work: Beach, camping, fishing, CrossFit.
Daniel
A calm, thoughtful approach to helping clients navigate super, investment planning, and insurance. Daniel works closely with individuals and families to create strategies aligned with what they’re working towards.
Outside work: Outdoors, cooking experiments, live music.
Frequently Asked Questions
Common questions about retirement planning and our services in Melbourne.
What does a financial adviser in Melbourne cost?
We offer a free initial call so you can understand what is involved before committing to anything. After that, our fees depend on the complexity of your situation, and we give you a fixed quote before any work begins, so there are no surprises and no hidden costs.
How much do I need to retire comfortably in Melbourne?
According to the ASFA Retirement Standard (March 2026 quarter), a comfortable retirement nationally needs around $51,278 a year for a single person and $72,148 a year for a couple, assuming you own your home. ASFA estimates the lump sum needed at age 67 to fund that lifestyle at roughly $630,000 for a single and $730,000 for a couple, alongside a part Age Pension. These figures are set by ASFA and updated periodically. Your own number depends on your lifestyle, housing costs and how long you live, which is exactly what a personal plan works out. This is general information only.
What are the super contribution caps for 2026-27?
For the 2026-27 financial year (from 1 July 2026), the concessional (before-tax) cap is $32,500 and the non-concessional (after-tax) cap is $130,000. Eligible people can bring forward up to $390,000 in non-concessional contributions over three years, subject to their total super balance. The general transfer balance cap is $2.1 million. Current as at July 2026. Source: Australian Taxation Office. This is general information only.
Is salary sacrifice into super worth it?
Salary sacrifice can be tax-effective, because those contributions are generally taxed at 15% inside super, which is often lower than your marginal tax rate. It counts towards your concessional cap, and the money is preserved until you can access your super. Whether it suits you depends on your income, your cap space and your goals, so it is worth checking your situation before you set it up. This is general information only.
Can I still plan for retirement if I feel behind in my 50s?
Yes. Your 50s are a common time to focus on retirement, and there is often meaningful structure that can still be put in place. Lower-than-ideal balances make planning more important, not pointless. Options may include reviewing your contribution strategy where eligible, looking at your investment settings, adjusting your retirement timing, or factoring in the Age Pension.
Am I eligible for the Age Pension?
To qualify for the Age Pension you generally need to be at least 67, an Australian resident for at least 10 years (with 5 years continuous), and meet both an income test and an assets test. Your main home is generally exempt from the assets test. The thresholds are set by Services Australia and updated in March and September each year, so it is worth checking the current figures or asking an adviser how they apply to you.
How do you work with Melbourne clients?
We are an online firm, so you work with your adviser by video and text rather than travelling to an appointment. You get the same advice team and the same written Statement of Advice as you would anywhere, and you can plan around work and family instead of taking time off.
Thinking about your retirement in Melbourne?
Book a free, no-pressure chat with the Wealthlab team.
We will talk through where you stand and what your options are, in plain language.