Today more than ever proper financial planning is very important!
With increasingly complex financial markets, longer life expectancies and uncertainty about Social Security and long-term health care coverage, choosing the right investments could play a critical role in helping to secure your financial future.
Do you have the skills, time, resources and energy to organise this yourself? If so great, but if like most people the idea of choosing from over 10,000 different investments and funds, superannuation and investing is put in the too hard basket, and this is where the right Financial Planner can help you build a nest egg from your hard earned money.
It doesn’t matter where you are on your life’s journey; whether you have just purchased your first home, had you first child or are close to retiring a Financial Planner is a necessary to ensure all aspects of your financial future is covered from your superannuation, life insurance and income protection.
At The Wealth Centre we understand that everyone’s situation is different and that finance is not a one-size-fits all and therefore at your Free Initial Consultation our Financial Planners take the time to understand where you are in your life’s journey, what financial challenges you are going to face in the future and offer you the right solutions for your financial and lifestyle needs both now and in the future.
Superannuation, Retirement Planning and Pensions
Most of us don’t really take the time to consider what our retirement is going to look like especially if it over 20 years away.
How does $388.35 per week to live on for the rest of your life?
That’s what the maximum of what today’s single pensioners receive from the government, and its $585.50 per couple. I don’t think I could do it… could you?
Currently in Australian 65% of retirees rely solely on the pension as their main source of income.
- 5% are financially secure
- 5% are still working
- 25% receive a part pension
- 65% rely on a government pension as their main source of income
If you are an Australian employee your employer will be paying 9.5% of your annual salary into a superannuation fund. But how do you know if it is the right fund for you?
Our Financial Planners are able simplify the complex nature of Superannuation and assist with consolidation of multiple accounts, establishing and maintaining your investment portfolio to suit your needs, as well as customising suitable tax effective strategies to assist in building your retirement wealth.
It is never too late to start retirement planning. We provide solutions to maximise retirement benefits, minimise taxation and assist our clients on planning for, and transitioning into retirement.
With many Australians now spending nearly the same amount of time in retirement as they did working, you need to maximise your accumulated wealth’s potential to provide you with a planned financial future. We advise on all aspects of Pensions, including potential Centrelink and aged care impact.
Insurance
You spend time planning and accumulating your wealth, you also need to protect that wealth. Our Financial Planners can help you obtain the best cover in the areas of;
- Life Insurance
Helps your family maintain financial wellbeing by providing your beneficiaries with an agreed lump sum
- Income Protection
You insure your house, your car even your pet health… but do you insure your most important asset your income?
In today’s volatile marketing, job security can be shaking for many and that’s where Income Protection covers you for a monthly benefit up to 75% of your income to replace lost earnings if you become sick or injured and are temporarily unable to work.
- Critical Illness / Trauma Insurance
Takes away your financial worries by paying you a cash lump sum if you develop certain critical illnesses so you can get back on track.
- Total & Permanent Disability
Offers financial security by providing you with a lump sum if you suffer total and permanent disability and are unable to work again.
