 We’ve said this before, and we’ll say it again: financial planning without financial doing is pointless.
 How do you know when to sack the coach? Of course, when we say ‘coach’, we mean financial adviser. Our job can, in a way, be compared to that of a sports coach except our focus is on the financial wellbeing of our clients.
 At Lighthouse Financial, we have no boundaries. Sounds dodgy, doesn’t it? It’s not, we promise.
What we mean is that we have no geographical boundaries. Although we are located in Townsville, Queensland, many of our clients are not. Through word-of-mouth and our podcast, our clients are now based all around Australia.  As we approach our 10th year in business together and have hit our 100th podcast, we ask an interesting question.
 The term “financial planner” is broad one, as there are many different areas a planner can specialise in, much like a doctor.
 The old-fashioned method of payment of cash has become a thing of the past for most people.
But cash can be used as a great tool to cap your spending on certain discretionary expenses and not blow your budget out of the water.  One of the key things involved with retirement planning is finding out what the clients retirement goals are. Usually, this would involve a time where they would move from full-time work straight to fully retired.
 Most people understand that if you want to make before-tax contributions to your super, you can salary sacrifice via payroll, producing a tax saving.
 “Should we get out now and come back in when things settle down?” is a question that usually finds its way into investment conversations when the value of one’s investment has dropped.
 When we see our superannuation, balance rise and fall due to volatility, we as humans instinctively think that there’s something wrong and feel that we have done the wrong thing by putting ourselves in that situation.
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