Why Seek Financial Advice?

The decisions you make and the actions you take along the way heavily influence your financial future. – It pays to make well-considered decisions. Working with a knowledgeable financial adviser who takes a genuine interest in helping you improve your financial situation can make a world of difference to the life you create in the long run..

Finding the time to understand everything impacting your financial future can be time-consuming and difficult to know what you should do to ensure you are in a better financial situation. Working with us will give you the benefit of a valuable partnership-receiving your adviser’s insights, knowledge and practical ideas whilst remaining in complete control of what happens with your money.

Changing Jobs

Changing careers can be stressful – Whether you love your job or you’ve been thinking about finding a new one, being without work or having to change careers unexpectedly can be planned for.

You may find yourself considering career options you hadn’t given serious thought to before: undertaking training, seeking further education, looking for part-time work or considering working for yourself and starting your own business.

Have you considered the financial and emotional implications of changing jobs? These can be overwhelming and can affect other areas of your life. There are many options to be considered to ensure you’ll be satisfied with the changes you’re making and that you receive the entitlements due to you when you leave your current job.

What Difference Can Financial Advice Make?

Comprehensive financial advice or event-driven advice, can make a significant difference in your financial situation guiding the actions you do or don’t take-with regard to changing legislation, how you hold your assets (financial structuring), tax-saving opportunities, your level of wealth and personal protection, fluctuating interest rates and how and when you pay off your home.

We can show you where money is going out when it should be staying with you as legislation rates and interest rates change reaching milestones and different stages in your life. There are many ways to make your money work harder when you are making an investment or saving for a child’s education – earning you more in less time and cost cutting. For example, guidance from a financial expert can take years off the duration of a home loan, saving many people from spending more than they should on home loans.

Whatever you’re aiming for, a relationship with us can give you insight into how you can achieve long-term financial success and protect your wealth.

We can identify any financial risks with that you and your family may be exposed to and ensure you look after what is important and that they’re taken care of down the track – no matter what life brings. When you’re busy focusing on your work and life, prepare for the unexpected to avoid something spoiling your plans or taking away something you have worked hard to gain.

Planning For Your Retirement

As retirement nears, and you begin thinking about the retirement lifestyle you would like, your super comes more into focus.

Depending on when you plan to retire- At age 50, 55 or 60 you may start thinking about putting extra money into super, maximising your investments, balancing risk and return, and looking at your wealth protection needs.

And as you think about winding down from the workforce, we will work with you to reduce the risk your super investments may be exposed to and protect the wealth you’ve worked hard to build.

For many, easing into part-time work and taking advantage of the government’s transition-to-retirement rules is the natural way to move into the next stage of life. Whatever your plans, maximising your retirement savings is essential-and the way you structure your finances can have a direct impact on how much you end up with down the track.

We will help you work out the most effective way to make the most of your years in the workforce and draw an income from your super in retirement.

Building Your Wealth

When first entering the workforce, saving for retirement may not be something on your mind. It’s common to aim for more short- or medium-term goals like overseas travel, a new car, a deposit for a home or an investment in the stock market.

Building wealth also encompasses long-term strategies to help you make the most of your finances and the time you have in the workforce. We will work with you to look at all aspects of your lifestyle, your goals and your needs and develop strategies to optimise your earning potential.

Your wealth creation strategy could involve setting clear short, medium and long-term goals, putting together an easy-to-follow budget, directing any surplus funds to an investment portfolio, utilising tactics to minimise tax and putting strategies in place to protect yourself and your family.

Protecting your wealth and what's important to you

The consequences of not being able to work for six months, a year or more due to illness or injury can devastate your lifestyle and plans-and those of your family.

Have you considered what would happen to your family if the main breadwinner died? While nothing compensates for the loss of a loved one, it’s easy to protect yourself and your family from the financial impact of the unexpected.

Term Life Cover

Term life insurance provides a lump sum payment for your family in the event of your death. The money can pay off the mortgage so your family can stay in the family home and meet other financial obligations. It can ensure that a difficult time is not made worse by unnecessary financial stress.

Total and Permanent Disability Cover

Total and permanent disability insurance provides a lump sum payment if you suffer an illness or injury and are permanently unable to work. It can help you maintain your current lifestyle and pay any additional expenses that ongoing illness or injury can bring.

Trauma

Trauma insurance provides a lump sum payment if you suffer a major trauma such as cancer. It can make it easier for you to focus on your health and meet the costs of medical care and rehabilitation.

Income Protection

Income protection insurance provides a regular payment in place of your income when you suffer an illness or injury and are temporarily unable to work. When you’re out of action, day-to-day living costs don’t stop. On top of them, the costs associated with overcoming an illness or injury need to be covered. Income protection cover can help maintain your lifestyle and take the pressure off until you’re able to return to work.

Useful Links

Great range of financial information and calculators

www.moneysmart.gov.au

www.ato.gov.au