About Us

At Preston Coe & Ring it isn't just about the numbers, it is about you and what you want to achieve in life. We have a saying "Living for today, saving for tomorrow and protecting in between"; that really symbolises what we are about. We help our clients Live Life and guide them through the journey with our skills and expertise as trusted business advisors, accountants and financial planners.

If you are new and considering using Our Services please look at the Our Clients section. Here you will find some useful information and get an understanding of our culture. Like anything we enjoy working with like-minded people with whom we can really help. You will find some great client testimonials by clicking here.

If you have visited before welcome back and I hope you enjoy the visit.

How We Help

Starting Today

The start of the journey

Business & Accounting Tax

  • Xero
  • Tax Planning
  • Tax Returns
  • Financial Statements
  • Asset Protection Review
  • Risk Management

Individual Client information

  • Assets & Liabilities
  • Income and Expenses
  • Initial Goals
  • Estate Planning

Plan For Living Life

What you are aiming for

Business Succession
When You're Gone Plan

Strategy Advice (Financial Advice)

  • SMSF
  • Insurance
  • Super
  • Property
  • Shares/Managed Funds/Gearing
  • Debt Reduction
  • Home Loans

Staying On Track

Measure, review, adjust

Business Management Reports
Board Strategy Meetings
Business Annual General Meeting
Business Succession
Asset Protection Review
Update Budgets
Update LifePlan
Review investment Strategy

Live Life

Like you dreamed it!

Holiday Plan
Family Goals
Upgrade House/Cars
Lifestyle Spending
Future Generation Planning


At the age of 35, I am currently in the worst financial position of my adult life. To get Myself into a better position, I knew things had to change.

After being referred to Peter Marmara-Stewart, I called him and asked for his help. He made the trip from Morwell to Frankston to see me. From the moment I met him, I knew he was going to be the one to not only help me escape my current financial position, but also be the one to help me towards my goal of financial freedom.

Peter is the depiction of genuine. It is evident he genuinely cares and wants to help people. Everything he does demonstrates that. I run a small business and compared with other businesses, Peter and his team help; I am small fish, yet Peter has a way of making me feel like I am his only client.

To Peter and the team at Preston Coe & Ring, thank you for helping me believe I can, not only get out of my current financial circumstance, but for also giving me the belief that I can achieve financial freedom.

I’d recommend Peter to anyone, no matter where you are in the world; he will make you feel like you are there with him in the same town.

Nicole Draper.

"Preston Coe & Ring's help with my tax and finances has made it less stressful and given me more free time for the things I enjoy."

Andrey Yuvchenko.

Preston Coe & Ring helps provide me predictability and new ideas to help with my finances, thus giving me security to have a better life.

Manoj Kumar.

“They make things simple & easy to understand; which makes life easy.”

Mark Calway.

“Going on the FASTTrack Business Success Program has had a substantial impact to my business. It got me to where I wanted to go a lot faster than I expected. Whilst I might have been able to learn and do some of these things myself, they would have taken a lot longer, a lot more effort and money to get it to where it is now. Having the weekly accountability created a fire under my seat to make sure I got done what needed to be done before our next weekly session.”

Michael Frazis.

Preston Coe & Ring make it easy to do tax and compliance as well as give good advice on major purchases like a car or business.

Michael Ibragimov.

Preston Coe & Ring make tax easier by making sure it is right and help reduce our tax where possible. This gives me more time do things I would rather be doing

Ron Ritson. Ritson Building Designs

Preston Coe & Ring have helped put us on the right road to tomorrow in doing this we have been able to achieve some personal goals much sooner than we thought possible.

Steve James.

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Jul 28

Adjusting Retirement Expectations

Posted by Peter Marmara-Stewart at Friday, July 28, 2017

The world is changing and retirement is changing with it.

A recent global survey conducted by HSBC (The Future of Retirement Shifting Sands 2017 by HSBC Holdings plc) has found that overall, around two-thirds of working age
people are concerned about declining state pensions/social provision and the growing number of older people requiring retirement funding/support, alsi believing that levels of national debt mean there will be less support for the elderly. Almost a quarter of working age people believe government pensions will no longer exist when they come to retire, and unsurprisingly this view is more common among Millennials than Baby Boomers.

Only 21% of working age Australians believe they will be financially comfortable in retirement. Of those surveyed:

• 58% believe they will have to work longer and continue working to some extent in retirement;
• 75% were willing to defer retirement for two years in order to have a better retirement; and
• 65% are concerned about declining state pensions, like the Australian age pension, because of mounting national debt and an ageing population.

The report goes on to set out some practical steps when planning for retirement. While these are more directed towards the Millennials, to an extent, they apply to all generations:

• Be realistic – start saving earlier, and save more;
• Consider different sources of funding – balance savings to spread risks and maximise returns;
• Plan for the unexpected – include worst case scenarios when planning;
• Embrace new technology – use online planning tools, and seek professional advice.

Looking at retirement planning, ASFA, the Association of Superannuation Funds of Australia, have recently released their March 2017 Quarter Retirement Standard figures,
setting out the amount required to live a modest and a comfortable retirement lifestyle.

These figures s reveal that the costs of a modest retirement for both singles and couples have risen by around a third in the past decade. Between June 2006 and March 2017, the ASFA standard for a modest retirement increased 33% for a single person and 36% for a couple, whilst the cost of a comfortable retirement rose by 23% for a single person and
26% for a couple.

During the same period, electricity costs jumped by 124%, health costs 60%, property rates and charges 83%, and food rose by 24%, meanwhile costs for clothing fell by 3% and telephone and mobile phone charges fell by 8%.

The March 2017 Quarter Retirement Standard budgets are:

In addition to seeking some really good financial advice from a financial planner, some useful pre-retirement suggestions include:

1. Understand exactly how much it will cost you to live in retirement – prepare a realistic budget, and account for emergency contingencies.

2. Consider deferring retirement – even if it means continuing to work on a
part-time basis for a while.

3. Understand all the government benefits you are entitled to.

It is important to work out a realistic budget for your intended retirement lifestyle, remembering that many things will actually cost more than expected. It is also a great idea to consider practising living on your retirement budget before you actually retire.

If you are heading towards retirement, give your ‘retirement budget’ a trial run for a year. If you find that you cannot live on your planned budget, then you can either rethink your budget, rethink your planned retirement date, or assess the feasibility of continuing to do some paid work in retirement, to stretch those retirement dollars.

As was highlighted in the HSBC report, starting to save earlier, and saving more, will be the secret to being best placed to enjoy the type of retirement you have always dreamed of.

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