 We are currently in a time of global uncertainty; we are in the middle of the COVID-19 pandemic and a significant drop in the investment market that hasn’t been experienced for years.
So, what does this mean for us as a business?  There are a fair few strategies that we’ll be able to use immediately with most of our new clients to help achieve their retirement goals.
 Most people have heard the saying ‘rent is dead money’. To some degree, it sort of is. Your cash will go in the pocket of someone else and you will not be getting any of it back.
However, there is more to consider.  There is a common belief that in retirement you should have moved all your super into cash and defensive assets (such as fixed interest), but it really depends on your current situation.
 Most people come in to see us about 10 years from retirement and are usually very surprised on what can be achieved if they decide to switch on and focus.
 There is common belief that you should move all your super into cash and defensive assets (such as fixed interest) when you retire. But it really depends on your current situation.
 Making the leap to see a financial adviser can be a daunting process, especially knowing that you need to lay all your cards (regarding your financial situation) on the table.
You may feel as though you should have saved more or should be earning more income.  Most people need a car, it is a necessity that gives us the freedom of getting from A to B. Eventually, you’re going to want to buy a new one and that’s fine if you are being reasonable. However, there are a few myths you need to be cautious of that could push you into making an unnecessary purchase.  We charge a percentage-based fee of 1% of your retirement savings balance per year on an on-going basis. For the first 12 months ONLY this is increased to 2%.
Financial planning is a very intangible business, which can make it hard for members of the public to put a price on the value-add that comes from advisers.  An active fund manager selects the companies and sectors they believe are going to outperform a common index. For example, an active manager may benchmark their performance against the ASX 200. This index reflects the performance of the 200 hundred biggest companies in Australia.
Who wouldn’t people want all their investments going towards companies that outperform index management? |
