Life Event:
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Children Leave Home. We take you through the following steps to help you identify what areas are affected and what you need to consider. Making it: Complete a budget to identify surplus income
Protecting it: Determine if you can reduce life insurance and save money
We use your Income Plan to free up surplus funds to achieve your goal.
We use your Risk Plan to protect the things that are important to you.
Your income plan determines strategies to improve your cash flow through a combination of tax effective strategies and the efficient use of your income. The resulting surplus funds are then used to create wealth.
Your risk plan looks at what could go wrong in your financial circumstances and seeks to identify and where possible mitigate these risks. Some of the ways these risks can be managed are through implementing life insurance, recommending appropriate investments and possibly fixing interest rates.
Growing it: Explore investment options for any surplus funds We use your Investment Plan to explore your investment options and empower you to choose what’s best for you. Your investment plan explores the different options available to you and applies the income plan and debt plan analysis to help you meet or exceed your goals.
Leveraging it: Evaluate the benefits of downsizing your home and clearing debt We use your Debt Plan to eliminate your mortgage and create wealth. Your debt plan analysis your current debt structure, determines mortgage reduction strategies and explores how debt can be used to build your wealth.
“ If you want to be happy, set a goal that commands your thoughts, liberates your energy and inspires your hopes.” — Andrew Carnegie
Enjoying it: Re-evaluate your retirement goals We use your Retirement Plan to help you achieve your ideal retirement. Your retirement plan identifies your income needs in retirement and the level of assets required to provide this income. We work with you to achieve and sustain the lifestyle you require.
Preserving it: Determine if you should re-visit your Will to cater for your new circumstances We use your Estate Plan to ensure that the right assets, go to the right people, at the right time. Your estate plan articulates your wishes in the event of your death and determines a strategy to provide your family with funds in a tax effective manner and with asset protection as a priority.
