FINANCIAL REVIEW - GOAL PLANNING

Get yourself organised and create a solid plan to achieve your goals.  Go through the process of writing down where you are now and where you want to be, then create a plan to get there. Some of your financial plans might include putting kids through university, having a successful business, retiring with freedom and choices, travel, and finally maintaining the financial ability to make choices—rather than having them be made for you. 

Over your lifetime, financial planning will look like a series of course corrections. You can never be expected to know all the choices you will face, but it is your choices that will give you your quality of life. Reviewing your plan is also an essential part of the process. Get booked in for your Goal Planning Financial Review.

LIFE INSURANCE

Leaving yourself or your family at a financial risk can cause devastating consequences. Financial distress is the No.1 cause for ill health. Life insurance provides an infusion of cash for dealing with the adverse financial consequences of the insured's death. Life insurance enjoys favorable tax treatment unlike any other financial instrument.
Insured events that may be covered include: death, diagnosis of a terminal illness, diagnosis of a critical illness, disability due to ill health, permanent disability, accidental death, or requirement for long term care.

Not only can life insurance benefit your family in the event of your death, but it can also benefit you as an investment. Your life insurance can provide benefits to your children, emergency loans to you while you are still alive, and some other benefits as well.
Protect your Family | Protect yourself | Protect your Business

EDUCATION PLANNING

Education fund planning has one principal benefit: ensuring that you are able to provide the best possible education for your children.

With education fees becoming higher and competition for school places becoming much harder, it is more important than ever to ensure that you have enough money put away to provide the best possible education for your child's ability. It is common practice to set up a simple savings account, but there are many more benefits too
  • Greater flexibility to input funds
  • Reduced tax burden
  • Higher rates of return than savings accounts
  • Global and currency diversified funds that protect against currency fluctuations

RETIREMENT

Just the thought of retirement can cause anxiety and many feel overwhelmed and unprepared.

In fact, one of the biggest dilemmas for those approaching retirement is balancing the life they want to live today with the life they want to live in retirement. 
To ensure you set yourself up, you need to:
  • Know how much income you need at retirement, taking into account higher healthcare costs
  • Have a long-term care plan
  • Save the right amount today for what you want at retirement
  • Update your retirement plan every 3-5 years

Don’t wait to start saving for retirement. The sooner you get started, the greater your chance of reaching your retirement goal because compound interest can work its magic.  Einstein says, “Compound interest is the eighth wonder of the world.  He who understands it, earns it … he who doesn’t … pays it.”