Are you a homeowner aged between 30-55?

Most Australians embark on their life journey with aspirations of achieving the Great Australian Dream: owning their own home. Through hard work and sacrifice, they strive to save a deposit, enhance their borrowing capacity, and secure the home of their dreams—a place to reside for the next few decades and raise a family. Yet, upon reaching this milestone of home ownership, many find themselves uncertain about the next steps to take with their finances. Questions arise: Should I prioritise making additional mortgage repayments? Would salary sacrificing into my superannuation be beneficial? Is purchasing an investment property a wise choice? Or should I start an investment portfolio comprising of shares and ETFs?

After browsing online resources or consulting with family and friends, it becomes evident that everyone holds a distinct viewpoint, and each of the various strategies have yielded success for many people. So, what is the best strategy for you and setting yourself up for success in the long term? The answer is, it depends on your individual circumstances, investment preferences, and life goals. What proves effective for someone may not necessarily align with your needs and goals, as there is no one universal solution.

Our role is to gain a deep understanding of your priorities, crafting a plan tailored to your comfort level and comprehension, enabling the fulfilment of all your objectives. While developing this plan, we will provide advice on the best investment allocation for your superannuation, analyse your cash flow to ensure that you aren’t stressed about meeting your daily living expenses, and have your debt structured in the most effective manner possible.

In addition to collaborating with you to create a wealth generation plan, we’ll also assist with reviewing your insurance needs to safeguard you and your family in the event of unforeseen circumstances. We’ll offer support in establishing an estate plan to ensure your beneficiaries are cared for and your assets are distributed according to your wishes.

Creating a comprehensive plan that incorporates all these facets of wealth generation and protection can be complex, particularly considering the diverse tax implications associated with each aspect. This is where Nathan’s nearly 8 years of experience as a tax accountant proves invaluable. You can rest assured that your financial plan will be meticulously designed to optimise tax efficiency and capitalise on potential tax-saving strategies.