Out with the old in 2024…
9th January 2024
When we help
At Depth Financial Advice, our goal is to help you reach your potential, whether you are just getting started, building your wealth, preparing for retirement or enjoying life after work.
Strengthen the foundation of your financial success
Whether you are buying your first home, starting a family or saving for something special, we want to help give you the best start to your financial journey while protecting what you have already.
How we can help:
- Set-up a budget to manage your cashflow.
- Review your insurance arrangements and provide recommendations for you to ensure you can continue to put food on the table and provide for yourself and those you love
- Identify lending options to buy or renovate your home.
- Identify investment strategies to help you save for long term goals like your childrens’ education.
- Make recommendations about your super arrangements including personal contributions, salary sacrifice, co-contributions and spouse contributions.
- Recommend if you need to create a Will and an estate plan.
Build wealth and move towards financial freedom
Life’s really busy now and although retirement is still quite a way off, you want to know that your financial future is secure. This is a time when we can help you build on your financial foundations and make decisions today, future you will thank you for!
How we can help:
- Set-up a budget to manage your cashflow.
- Review your insurance arrangements and provide recommendations.
- Identify investment strategies to help you build a passive income and save for the long term.
- Make recommendations about your super arrangements including personal contributions, salary sacrifice, co-contributions and spouse contributions.
- Advise on strategies to reduce tax
- Recommend if you need to create a Will and an estate plan.
- Transition the financial success of your business to personal financial success and freedom
- Succession planning recommendations for your business.
- Dealing with a redundancy.
Prepare for retirement and beyond
Planning for retirement is an exciting stage of life, and putting the right plans in place while still working is key to enjoying the post-work dreams. It’s about gaining the comfort of knowing your future is under control.
Navigating tax environments strategically to optimize the tax-free status of your retirement savings adds an extra layer of financial savvy. If there are specific aspects or questions about optimizing your retirement plans, feel free to share, and let’s make sure your retirement dreams become a fulfilling reality!
How we can help:
- Identify your retirement goals.
- Review your income and cashflow requirements.
- Assess how much super you have and when you can access it.
- Find ways to grow your retirement income
- Put plans in place to make your money last in retirement.
- Determine when you can apply for the age pension.
- Review your estate plan.
- Succession planning recommendations for your business.
- Dealing with a redundancy.
Make the most of retirement
Entering the phase of life after work is indeed an exciting time full of opportunities. Ensuring financial support for adventures and having the means to leave a lasting legacy adds an extra layer of fulfillment.
It’s not just about enjoying the present but also making sure that the right decisions are made by the right people at the right time. Let’s make sure your financial legacy aligns with your aspirations!
How we can help:
- Identify how long your money will last by looking at your income and assets and how they are structured.
- Identify if your finances are structured to increase government benefits.
- Look at ways to reduce any tax you pay in retirement.
- Recommend superannuation income stream strategies including annuities and pensions
- Review your estate plan.
- Advise on aged care financial strategies.
