Building your wealth
Whether you have just entered the workforce, or have been working for many years, your wealth creation strategy should be a priority. Strategies that consider short, medium and long-term financial goals help make that home deposit, new car or dream overseas holiday a reality. Integral can help you maximise your earnings potential through budget planning, investment strategies and tax saving opportunities to ensure your working years are optimised.
Protecting your wealth
Have you thought about what impact being unable to work would have on your family? Without the ability to earn an income and save, would you be able to pay your daily living expenses, medical expenses, keep your home and fund your retirement? While most people consider personal insurance in the event of death, less think about the effect that serious illness, trauma or permanent injury would have on their family. Wealth protection and personal insurance should form a vital part of your financial strategy and your Integral Adviser can help you navigate this.
Planning for retirement
Your Integral adviser can help you in your transition to retirement by ensuring your wealth is protected and the lifestyle you desire is achievable. Retirement is an exciting time – often marking the end of school fees and the time you can reap the benefits of your working years! An Integral Adviser will help you achieve the lifestyle you want, for as long as you want it. Strategies that maximize your Centrelink benefits and your investments, ensure your wealth protection needs and your superannuation structure will help you as you exit the workforce. Optimising your retirement savings requires early planning, and your Integral adviser will help guide your path.
Event driven advice
An Integral adviser can provide advice on how much you can afford, how best to structure your mortgage, navigating home loan choices along with your home loan broker, and how to budget for greater repayments that can make a huge difference to how quickly you can own your home or investment property.
An Integral adviser, along with your solicitor, can help guide you through the financial options of what can be a very challenging time in your life. Advice around insurances, tax arrangements, parenting payments, joint investments and superannuation can help make clear your options and entitlements.
An example of some of the life events that an Integral adviser can guide you through include:
Buying a Property
Some things to consider at this time include:
- Financing the property and the impacts on your cash-flow
- Your return on investment
- Potential growth of the property
- Economic outlook, opportunities and risks
Your Integral Adviser can offer our services to help you plan for this event.
Separation
Some things to consider at this time include:
- Do you have children and how will they be affected financially?
- What and how much of your assets are you entitled to?
- Do you have a joint mortgage and how will this be rearranged?
- What impact does working have on the maintenance you receive?
- Is your money protected and have you considered Income Protection for yourself if you are now single?
Your Integral Adviser can help you plan for this event.
Inheritance
Some things to consider at this time include:
- What is the best way to use the money you receive?
- Are you wanting to reduce debt or grow your wealth?
- Do you understand gifting provisions?
- How will any payments you receive, such as those from Centrelink, be affected?
- How will an inheritance affect my children?
- How can I learn more about Trusts?
Your Integral Adviser can help you plan for this event.
Planning a family
Some things to consider at this time include:
- As a mother, do you have the option of staying home, or will you need to go back to work?
- What happens if you cannot go back to work?
- Will you eventually need a larger home?
- Have you considered education options and built school fees into your budget?
- Have you considered the cost of childcare vs returning to work?
- Have you ensured the annual family holiday is achievable?
Your Integral Adviser can help you plan for this event.