People often say I will ask for financial advice when I have more money, but the reality is good financial advice will point you to the right direction to have more money and an abundant life. One of the greatest joy we have as GenY’s financial adviser is to guide them to a life time financial security and prosperity. There are a few simple things young people could do in order to get ahead in the money game.
From time to time we have clients coming in to set up a financial plan to deduct their personal tax, whether it is about setting up income protection insurance or starting to invest in property. “Why do you wish to have such a plan?” we ask. “To deduct my tax, I am paying too much tax…” client answered. Wait…. but the purpose of starting a financial plan should never be only for tax deduction, instead, it should be either protect your wealth or build your wealth.
Most super funds come with standard insurance options, mainly cover death, total and permanent disability (TPD), some even offer income protection (IP). Generally based on your age they would give you certain amount of life, TPD and IP insurance as …
As you know, the team here at OzDream are very passionate about health and wellbeing. Therefore, we are excited to invite you, as our guest, at the AIA Vitality Experience morning coming up in July 2019. This day will help …
I guess you are catching up your routine medical check with your doctor to track your health status, what about your financial health? Spending some time at least once a year reviewing your financials also brings long-term benefits to your …
Based on 2017 survey only 10% of Australians feel very well prepared for retirement, 50% people retire earlier than they planned to, and 37% of them do so due to health issues. So retirement will come, in a large chance, …
If you are serious about preparing for your retirement you will start with two questions Where do I put my money? Who is going to manage my money? The place you put your retirement money is called super. There are …
Super is the 2nd largest financial asset after the family home to most of people living in Australia. Think super is the bank where you draw money from to support your lifestyle after you stop working, and how much money …
When consider investing there are three things you need to study Return Putting money in the bank will give you 2%. Investing in properties or shares may generate 10%. Your superannuation statement may show you their average return for last 7 …
The average self-employed (SE) male super balance was less than half of a male salaried earner with balances of $155,000 and $386,510 respectively(2013-2014 report). The outcome was worse for SE women at an average of balance of $86,000. Many …