Wealth Building and Protection
Investments, Insurance, Superannuation or SMSF Strategies.
Investments, insurance, superannuation or SMSF (self-managed super funds) strategies are all part of wealth building and protection. Effective strategies can grow your wealth as well as providing financial security for you and your loved ones.
The number of options for investments is endless including cash, fixed interest, shares, and property. It can be overwhelming choosing where to invest your money. Each investment strategy has its risks and benefits. You need to find the right investment strategy that is best suited to your lifestyle and circumstances.
Factors that you need to consider include your short and long-term goals, your financial position, and how much risk you would like to take. The most appropriate strategies and products will see your wealth accumulating and working effectively.
Personal insurance gives you financial security should unfortunate events arise. Many people have insurance for their homes and cars however not for themselves. Insurance provides personal wealth protection and assists you and your family financially should you die prematurely, suffer a major illness or become disabled. It is important that you protect yourself, your income and plan for the unexpected with personal insurance.
Superannuation is a compulsory requirement once you start working. The purpose of superannuation is to ensure you have money set aside for retirement. The contributions made by your employer assist in building up your retirement fund. Funds accumulate over time in your super fund as your career develops and progresses. You should have your fees kept minimal whilst your returns are maximised. Any tax concessions or benefits should also be taken into account when it comes to your superannuation.
Self-Managed Super Funds (SMSFs) are a great way of saving for retirement as it provides flexibility and greater control. It gives you the autonomy to allocate where your retirement money is invested with more choices available. These range of options include local and international shares, managed investments, and property. SMFS has the potential to build your wealth when it is well established and structured effectively.
Let us assist you with growing and protecting your wealth by contacting us today. We can help with making sure your investment, insurance, superannuation, and SMSF strategies are working effectively for you.
Not sure what your next steps should be to secure your financial future?
Schedule your 15 min no-cost or obligation discussion to see how we can best assist you.
No specific financial planning advice will be given during this initial call.
If you’re ready to discuss strategies around wealth building and protection in more depth, book a discovery meeting.
Small Business Succession Planning
Buy/Sell Agreement and Key Person exit strategies.
Estate Planning Strategies
Wills and Power of Attorney through your Solicitor or on referral.
“Into Retirement” Planning
Pre-Retirement Super, Pension, and Centrelink Strategies.