Planning For Your Family
We all know that balancing family with work commitments, health and other activities can sometimes be a tough juggling act. Looking and planning towards the families financial future can often take a back seat. However, making sure that you plan for your families financial future is one of the most important things that you can do.
There are many ongoing issues that a family will face when planning their financial future:
- Planning for childrens education expenses
- Managing family debt commitments
- Purchasing a home
- Managing cashflows
- Having the right insurances
- Putting aside money for retirement
- Purchasing an investment property/holiday home
- Investing appropriately
- Having a correct and up-to-date will
These issues will need to be managed correctly to ensure your resources are being allocated in the most efficient manner. You will also need a clear understanding of how the decisions you make in these areas today will affect your family tomorrow. For example, you may want to purchase a new investment property but be unsure if this will affect your ability to pay for the childrens future private schooling. Our state of the art financial modelling software will show you whether this can be done, whilst at the same time letting you know if you are directing enough money into superannuation to fund your retirement.
Your plan will not be complete until you are happy with it. We aim to ensure you walk away with a full understanding of where your families financial future is heading. Once completed, you should be fully aware of the limitations of what you can and can't do and be comfortable that you are on track to build wealth whilst maintaining your chosen lifestyle.
Please note that we charge fees for our financial planning services rather than accepting commissions for products recommended.
Contact us for a free initial appointment.