Let’s remind you what we offer. We offer the opportunity to discuss here over lunch or some other suitable time your personal financial position. Let’s face it, it just might need a financial tune-up & you have wondered where to turn. If the car has a regular tune up & the dentist suggests every 6 months then it also makes sense with your finances.
Yes it is possible that the super fund you are in is the cheapest with the best performance ever but that is only part of your financial challenge. You get what you pay for & you are not paying for advice. Then there is always your mortgage & are you paying that first before you pay yourself as that debt word is a four letter word. Your mortgage debt should be your first priority. What happens when rates increase or when the employer makes you redundant or when there is one income as family is expected? What happens as we often see that you will retire & your super is required to pay out the mortgage.
Then there is the taxx man. There is a discussion to raise the super contributions from 9% to 12%. Surely that is another taxx as it is your income which you can’t spend or invest. You only need to look at your net or take home pay after all the deductions & mortgage interest to be well aware that it is a struggle to survive. We only a fortnight ago explained to a young cop with 2 children that many were like him – they couldn’t afford the fine as they were surviving only to the next pay. We did point out we had no sympathy for the idiot on the road & should be treated as an idiot. A fine is another taxx & yes the state government needs the cash.
We have recently helped a couple aged 48 with a $340,000 mortgage which means unless they are disciplined they will certainly need his super to pay down his debt. However with our active wealth strategy it is projected to be paid out in 9.4 years & to later retire on 67,000p.a.
We have seen at least two others our age & who should be retired who have said they are willing to work to age 70 because their position means they can’t do otherwise. They will need also our wholestic health story.
We have seen those with rental property where there was a $9000 dollar p.a. shortfall between income & expenses. That makes living & explaining to the spouse a challenge & a hope that property markets will always go up.
We have seen a lady who has 2 million in assets but property & super aren’t very liquid should a major trauma or illness occur.
We saw on Saturday another lady who has just separated & although better than most with own house & useful super it will need care & attention if she is to retire on what she currently earns.
We have others wanting us to be the ‘go to’ man as a call centre isn’t good enough.
Every person has their own challenges & as an ex math’s teacher we do like to have a solution to each problem.
As our 7 year old daughter is on camp today we have had the opportunity to spring clean the house. What a difference & so much more space. We all need to spring clean our finances occasionally.
We do have many other ideas as many haven’t considered estate planning or spouses super or looking after the small shareholder in a business. Every one needs a non aligned approach which is what we offer.
Of course there is our active wealth strategy which looks at your overall financial position & helps you to achieve your goals. We provide 24 / 6 support for your benefit.
Welcome to email or book via our website www.wealthcoach.net.au or www.wecoachwealth.com or call on 07 3848 1088 for that opportunity to discuss & financially progress. After 25 years in financial service we care if you care enough to call or email us.
John McAuliffe
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