The role of a wealth advisor (financial planner) is to craft a financial strategy that puts you in a better position to achieve your financial and lifestyle goals. Book your consultation today, get clear on your financial needs and achieve financial freedom for tomorrow.
A financial adviser will help you put together strategies that create, grow and protect your wealth. Broadly speaking, they will explore your options with personal investments, superannuation and insurances. For too long and in the past most financial advisors have focused on a one-size fits all solution. This is not what we do. We focus on strategies that reduce complexity and enhance your livelihood.
No. We partner with you for the long term. It’s our job to keep abreast of all market, legislative and changes to your personal situation so that if we need to make any changes to the strategy you’re informed.
Yes. Within the remit of a financial adviser are strategies that can help you reduce your tax liability. This may involve restructure debt or personal insurances, contributions to superannuation, estate planning considerations or partnering with an accountant to ensure your hard earned income is structured efficiently so that you’re getting ahead.
You should start by reviewing your cash flow by completing a budget and then booking a meeting with us. It’s our job to ensure that you’re educated, fully informed and where finances may be deemed complex, our job is to make things simple and easy to understand.
We specialise in providing life, total permanent disability, income protection and critical illness cover. We are an independent firm with a broad universe of insurers to ensure that your health consideration, insurance needs (coverage) and premiums are correct, not cost prohibitive and insured amounts are specific to your needs.
An insurance policy is a forward-looking contract for an insured event; you pay a premium for a policy in advance to mitigate an insured event such as a premature passing, sickness, disability or accident.
As an Australian, our primary ways of growing our wealth is through are ability to earn an income, our family home and our superannuation. If you’re happy to insure a car, your home or a phone, lets talk about insuring what’s most important and irreplaceable – YOU!
An income protection insures 70% of your remuneration for a given period (i.e. up to age 65) in the event of a sickness, accident or disability. The premiums are usually held in your personal name for tax purposes but can also be structured in your superannuation account. A critical illness policy is for a medical emergency or sickness such as cancer, heart attack or stroke which provides a lump sum, tax free cash payout so that you get the best outcome in the worst-case scenario.
As a small business owner, partner in a business or key person in a business, it’s also important for you to consider a business needs in the event of disability, sickness or passing. Business is about people. An involuntary exit due to incapacity or a premature passing can have an impact beyond a shareholding, profit and loss but rather implications for a family.
Superannuation is a defined accumulation scheme for an individuals retirement. Tax concessions are available by investing in superannuation where any concessional contributions and earnings are taxed at 15%.
Your superannuation is one of the most important means of accumulating wealth over the course of your lifetime outside your ability to work.
Yes. It is important to consider how fees affect your superannuation fund and examine the benefits and risks of an industry fund verses a public offering (retail) or a self-managed superannuation fund. Partnering with an advisor can educate you on the fees, investments (insurances) and tax implications on your current situation.
Your employer will already be making a 11.5% of your gross salary to your contributions. Explore your options with an adviser to examine whether there are any further contribution strategies available to you and how to save on tax or plan for your retirement. There are limitations on how much money you can contribute to superannuation for a given period
Your will need to consider how to structure your assets in the most tax effective way in order to fund your retirement. Other considerations will be the eligibility and how to maximize any social security that may be available.
Structuring your assets within superannuation and an account-based pension offers several advantages. These include tax benefits, such as tax-free investment earnings and withdrawals after a certain age, as well as the potential for higher returns due to the long-term investment horizon. Additionally, these structures can provide a steady income stream in retirement, allowing for greater financial security and peace of mind.
Ensuring your retirement savings last throughout your retirement involves careful planning and regular review of your financial situation. Strategies include diversifying your investments, managing withdrawal rates, considering annuities or other guaranteed income products, and adjusting your lifestyle and spending habits as needed. Working with a financial advisor can help you develop and maintain a sustainable retirement plan.
It’s never too early to start planning for retirement. Ideally, you should begin planning as soon as you start earning an income. Early planning allows you to take advantage of compound interest, make informed investment choices, and adjust your savings strategy as needed over time. However, even if you’re closer to retirement, it’s still beneficial to start planning now to maximize your savings and ensure a comfortable retirement.
The amount you’ll need in retirement depends on various factors, including your desired lifestyle, living expenses, health care costs, and how long you expect to live. A common rule of thumb is to aim for about 70-80% of your pre-retirement income to maintain your standard of living. However, it’s essential to create a personalized retirement plan, considering your specific circumstances, with the help of a financial advisor.
Inflation erodes the purchasing power of your savings over time, making it essential to account for it in your retirement planning. To combat inflation, consider investing in assets that typically outpace inflation, such as stocks or real estate. Additionally, incorporating inflation-protected securities or adjusting your withdrawal strategy can help maintain your standard of living. A financial advisor can assist in creating an inflation-resistant retirement plan.
Estate planning ensures that your assets are distributed according to your wishes after your death and can help minimize taxes and legal complications for your heirs. Key components of estate planning include creating a will, setting up trusts, designating beneficiaries, and establishing powers of attorney. Proper estate planning can provide peace of mind and financial security for your loved ones. A financial advisor and estate planning attorney can guide you through this process.
An estate plan ensures that your assets are distributed according to your wishes after your death, minimizes potential taxes and legal complications, and provides financial security for your loved ones. It also addresses issues like guardianship for minor children, care for dependents with special needs, and healthcare decisions if you become incapacitated.
Structuring your assets within superannuation and an account-based pension offers several advantages. These include tax benefits, such as tax-free investment earnings and withdrawals after a certain age, as well as the potential for higher returns due to the long-term investment horizon. Additionally, these structures can provide a steady income stream in retirement, allowing for greater financial security and peace of mind.
Ensuring your retirement savings last throughout your retirement involves careful planning and regular review of your financial situation. Strategies include diversifying your investments, managing withdrawal rates, considering annuities or other guaranteed income products, and adjusting your lifestyle and spending habits as needed. Working with a financial advisor can help you develop and maintain a sustainable retirement plan.
It’s never too early to start planning for retirement. Ideally, you should begin planning as soon as you start earning an income. Early planning allows you to take advantage of compound interest, make informed investment choices, and adjust your savings strategy as needed over time. However, even if you’re closer to retirement, it’s still beneficial to start planning now to maximize your savings and ensure a comfortable retirement.
The amount you’ll need in retirement depends on various factors, including your desired lifestyle, living expenses, health care costs, and how long you expect to live. A common rule of thumb is to aim for about 70-80% of your pre-retirement income to maintain your standard of living. However, it’s essential to create a personalized retirement plan, considering your specific circumstances, with the help of a financial advisor.
Inflation erodes the purchasing power of your savings over time, making it essential to account for it in your retirement planning. To combat inflation, consider investing in assets that typically outpace inflation, such as stocks or real estate. Additionally, incorporating inflation-protected securities or adjusting your withdrawal strategy can help maintain your standard of living. A financial advisor can assist in creating an inflation-resistant retirement plan.
Estate planning ensures that your assets are distributed according to your wishes after your death and can help minimize taxes and legal complications for your heirs. Key components of estate planning include creating a will, setting up trusts, designating beneficiaries, and establishing powers of attorney. Proper estate planning can provide peace of mind and financial security for your loved ones. A financial advisor and estate planning attorney can guide you through this process.