With the threat of an increasing unemployment rate, an economy that has slowed down and advancements in technology- it is a real possibility that your role could be made redundant which could leave you financially disadvantaged if you don’t know what options you have available to you.
When you’re young, it can be easy to think of life insurance as a nice-to-have. After all, you’re probably in good health and have more pressing expenses, right? Not quite.
All it takes is one accident or one diagnosis and everything can change – all of a sudden, insurance will become your top priority as this has happened with 2 clients from our office in their early 30’s.
The only trouble is when you’re already hurt or sick, the ideal time to take out insurance has passed.
Estate planning is more than just having a will; it’s an overall financial management plan.
A study by the Financial Planning Association (FPA) showed that the motivation for over 60% of Australians to build wealth is to build a better future for their families. That’s something most of us can relate to, right?
Investments, retirement, superannuation, and cash flow. These are the financial issues that keep Australians awake at night. Here we, as Financial Advisers, can assist you in these areas.
According to the recent ASIC report, the topics Australians want financial advice on:
- Investments (e.g. shares and managed funds) 45%
- retirement income planning 37%
- growing superannuation 31%
- budgeting or cash flow management 22%
- aged care planning 18%
Accidents happen every day, so it pays to be protected. With so many different cover options, many people question what’s right for them and their families. When it comes to covering your income if you can no longer work, what’s better? Income protection, workers’ compensation, or both?
It’s an oldie but a goodie – never put all your eggs into one basket. But, what’s the best way to grow your wealth with investment options outside cash.
Saving your money is important. But, putting your money into a savings account, even with a decent interest rate, may not be the best way to grow your wealth.